VeriSign, Inc. (NASDAQ:VRSN) is reporting third quarter earnings results on Thursday 22nd October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 1.25 per share.
For the full year, analysts predict revenues of $ 1261.63 million, while looking forward to income of $ 6.76 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 1,250.00 million ~ $ 1,265.00 million
Click Here For More Historical Outlooks Of VeriSign, Inc.
Previous Quarter Performance
VeriSign, Inc. revealed income for the second quarter of $ 1.32 per share, from the revenue of $ 314.37 million. The quarterly earnings reduced 0.75 percent compared with the same quarter last year. Wall street analysts are predicting, VRSN to report 2Q20 income of $ 1.32 per share from revenue of $ 312.65 million. The top line results outshined analysts by $ 1.72 million or 0.55 percent.
Stock Performance
Shares of VeriSign, Inc. traded up $ 1.60 or 0.78 percent on Wednesday, reaching $ 205.56 with volume of 494.50 thousand shares. VeriSign, Inc. has traded high as $ 206.76 and has cracked $ 203.75 on the downward trend
The closing price of $ 205.56, representing a 37.10 % increase from the 52 week low of $ 148.77 and a 7.84 % decrease over the 52 week high of $ 221.30.
The company has a market capital of $ 23.61 billion and is part of the Technology sector and Internet Content & Information industry.
Conference Call
VeriSign, Inc. will be hosting a conference call at 4:30 PM eastern time on 22nd October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.verisign.com
VeriSign, Inc. provides domain name registry services and Internet infrastructure in the United States and internationally. The company offers registry services that operate the authoritative directory of and/or the back-end systems for .com, .net, .cc, .tv, .gov, .jobs, .edu, .name, and other domain names.
