MOUNTAIN VIEW (dpa-AFX) - Verisign Inc. (VRSN) revealed earnings for its second quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $185.7 million, or $1.79 per share. This compares with $167.3 million, or $1.54 per share, in last year's second quarter.
Analysts on average had expected the company to earn $1.75 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 5.7% to $372.0 million from $351.9 million last year.
Verisign Inc. earnings at a glance (GAAP) :
-Earnings (Q2): $185.7 Mln. vs. $167.3 Mln. last year. -EPS (Q2): $1.79 vs. $1.54 last year. -Analyst Estimate: $1.75 -Revenue (Q2): $372.0 Mln vs. $351.9 Mln last year.
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