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Verisign Inc. (VRSN) revealed a profit for first quarter that declined from last year.


RTTNews | Apr 22, 2021 04:14PM EDT

16:13 Thursday, April 22, 2021 (RTTNews.com) - Verisign Inc. (VRSN) revealed a profit for first quarter that declined from last year.

The company's profit came in at $150.35 million, or $1.33 per share. This compares with $334.12 million, or $2.86 per share, in last year's first quarter.

Analysts had expected the company to earn $1.30 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.6% to $323.62 million from $312.52 million last year.

Verisign Inc. earnings at a glance:

-Earnings (Q1): $150.35 Mln. vs. $334.12 Mln. last year.-EPS (Q1): $1.33 vs. $2.86 last year.-Analysts Estimate: $1.30-Revenue (Q1): $323.62 Mln vs. $312.52 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3187439/verisign-inc-earnings-fall-in-q1.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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