VeriSign Earnings: Fundamentals Look Solid as VeriSign Prepares for Eventful Quarters Ahead
VeriSign reported third-quarter revenue of $443 million, up 6% year over year. Shares had run up in the weeks leading up to earnings but dropped 3% after hours, as diluted earnings per share of $2.35 came in below expectations, partly due to a one-time loss related to assets held for sale.