MOUNTAIN VIEW (dpa-AFX) - Verisign Inc. (VRSN) announced earnings for third quarter that decreased from last year.
The company's earnings totaled $156.62 million, or $1.40 per share. This compares with $170.98 million, or $1.49 per share, in last year's third quarter.
Analysts had expected the company to earn $1.36 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 5.1% to $334.24 million from $317.88 million last year.
Verisign Inc. earnings at a glance:
-Earnings (Q3): $156.62 Mln. vs. $170.98 Mln. last year. -EPS (Q3): $1.40 vs. $1.49 last year. -Analysts Estimate: $1.36 -Revenue (Q3): $334.24 Mln vs. $317.88 Mln last year.
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