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VeriSign, Inc (OQ:VRSN)

Business Focus: IT Services & Consulting

Sector:  Technology Industry:  IT Services & Consulting
 
See Regulatory Filings on SEC
Company Contact
Address: ATTN: GENERAL COUNSEL
12061 BLUEMONT WAY
RESTON VA 20190
Tel: N/A
Website: https://www.verisign.com
IR: See website
Key People
D. James Bidzos
Executive Chairman of the Board, President, Chief Executive Officer
George E. Kilguss
Chief Financial Officer, Executive Vice President
Thomas C. Indelicarto
Executive Vice President, General Counsel, Secretary
Danny R. McPherson
Executive Vice President - Engineering, Operations and Chief Security Officer
   
Business Overview
VeriSign, Inc. is a global provider of Internet infrastructure and domain name registry services, enables Internet navigation for various domain names. The Company helps to enable the security, stability, and resiliency of the domain name system and the Internet by providing root zone maintainer services, operating two of the 13 global Internet root servers, and providing registration services and authoritative resolution. It operates the authoritative directory, for all .com, .net, and .name domain names (generic top-level domains or gTLDs), as well as for certain transliterations of .com and .net in number of different native languages and scripts (internationalized generic top-level domains). It also operates the authoritative directory for all .cc domain names (country code top-level domain). The Company operates the technical or back-end systems for .edu and certain other gTLDs. Its operations infrastructure includes distributed servers, networking and disaster recovery plans.
Financial Overview
For the three months ended 31 March 2024, VeriSign, Inc revenues increased 5% to $384.3M. Net income increased 9% to $194.1M. Revenues reflect United States segment increase of 5% to $255.3M, All Other Countries segment increase of 16% to $48M. Net income benefited from Non-operating income, net increase of 23% to $13.9M (income). Basic Earnings per Share excluding Extraordinary Items increased from $1.70 to $1.93.