VeriSign, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 28, 2022 at 04:05 pm EDT
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VeriSign, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 351.9 million compared to USD 329.4 million a year ago. Net income was USD 167.3 million compared to USD 147.7 million a year ago. Basic earnings per share from continuing operations was USD 1.54 compared to USD 1.31 a year ago. Diluted earnings per share from continuing operations was USD 1.54 compared to USD 1.31 a year ago.
For the six months, sales was USD 698.8 million compared to USD 653 million a year ago. Net income was USD 324.8 million compared to USD 298.1 million a year ago. Basic earnings per share from continuing operations was USD 2.97 compared to USD 2.64 a year ago. Diluted earnings per share from continuing operations was USD 2.96 compared to USD 2.64 a year ago.
VeriSign, Inc. is one of the main world leading computer services firms specializing in securing Internet and telecommunication infrastructures. The group offers domain name registration services as well as infrastructure maintenance services intended primarily for defense organizations.
Sales break down geographically as follows: the United States (65.8%), Europe/Middle East/Africa (15.9%), China (7.4%) and other (10.9%).