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VeriSign reports Q4 EPS $1.70, two estimates $1.61
The Fly

VeriSign reports Q4 EPS $1.70, two estimates $1.61

Reports Q4 revenue $369M, one estimate $366.1M. The company also states: "Verisign ended the fourth quarter of 2022 with 173.8 million .com and .net domain name registrations in the domain name base, a 0.2 percent increase from the end of the fourth quarter of 2021, and a net decrease of 0.4 million registrations during the fourth quarter of 2022. In the fourth quarter of 2022, Verisign processed 9.7 million new domain name registrations for .com and .net, as compared to 10.6 million for the same quarter in 2021. The final .com and .net renewal rate for the third quarter of 2022 was 73.7 percent compared to 75.0 percent for the same quarter in 2021. Renewal rates are not fully measurable until 45 days after the end of the quarter. Verisign announces that it will increase the annual registry-level wholesale fee for each new and renewal .com domain name registration from $8.97 to $9.59, effective Sept. 1, 2023. "

Published first on TheFly

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