MOUNTAIN VIEW (dpa-AFX) - Verisign Inc. (VRSN) released a profit for its fourth quarter that advanced compared to the same period last year.
The company said its bottom line climbed to $119.07 million, or $0.96 per share. This was up from $115.25 million, or $0.92 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.97 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 3.2% to $295.50 million. This was up from $286.27 million last year.
Verisign Inc. earnings at a glance:
-Earnings (Q4): $119.07 Mln. vs. $115.25 Mln. last year. -Earnings Growth (Y-o-Y): 3.3% -EPS (Q4): $0.96 vs. $0.92 last year. -EPS Growth (Y-o-Y): 4.3% -Analysts Estimate: $0.97 -Revenue (Q4): $295.50 Mln vs. $286.27 Mln last year. -Revenue Change (Y-o-Y): 3.2%
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