MOUNTAIN VIEW (dpa-AFX) - Verisign Inc. (VRSN) reported earnings for its third quarter that increased from last year and beat the Street estimates.
The company's earnings totaled $169.5 million, or $1.58 per share. This compares with $156.6 million, or $1.40 per share, in last year's third quarter.
Analysts on average had expected the company to earn $1.54 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 6.8% to $356.9 million from $334.3 million last year.
Verisign Inc. earnings at a glance (GAAP) :
-Earnings (Q3): $169.5 Mln. vs. $156.6 Mln. last year. -EPS (Q3): $1.58 vs. $1.40 last year. -Analyst Estimate: $1.54 -Revenue (Q3): $356.9 Mln vs. $334.3 Mln last year.
Copyright(c) 2022 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX