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VeriSign shares slip 3% on slight earnings miss

VeriSign Inc. (VRSN) stock dipped 3% in extended trading Thursday after the e-signature company reported fiscal second-quarter results. VeriSign reported net income of $147.7 million, or $1.31 a share, compared with net income of $150.5 million, or $1.32 a share, in the year-ago quarter. Revenue improved 5% to $329.4 million from $314.4 million a year ago. Analysts surveyed by FactSet had expected net income of $1.36 a share on revenue of $329 million. VeriSign's stock is up 8% so far in 2021. The broader S&P 500 index has gained 16% this year.

-Jon Swartz; 415-439-6400;


(END) Dow Jones Newswires

07-22-21 1617ET

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