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    VRSN   US92343E1029

VERISIGN. INC.

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Delayed Nasdaq  -  04:00 2022-08-15 pm EDT
204.33 USD   +1.11%
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Verisign : Support for AAPI Communities and COVID Relief in India

05/19/2021 | 01:46pm EDT

At Verisign we have a commitment to making a positive and lasting impact on the global internet community, and on the communities in which we live and work.

This commitment guided our initial efforts to help these communities respond to and recover from the effects of the COVID-19 pandemic, over a year ago. And at the end of 2020, our sense of partnership with our local communities helped shape our efforts to alleviate COVID-related food insecurity in the areas where we have our most substantial footprint. This same sense of community is reflected in our partnership with Virginia Ready, which aims to help individuals in our home State of Virginia access training and certification to pivot to new careers in the technology sector.

We also believe that our team is one of our most important assets. We particularly value the diverse origins of our people; we have colleagues from all over the world who, in turn, are closely connected to their own communities both in the United States and elsewhere. A significant proportion of our staff are of either Asian American and Pacific Islander (AAPI) or South Asian origin, and today we are pleased to announce two charitable contributions, via our Verisign Cares program, directly related to these two communities.

First, Verisign is pleased to associate ourselves with the Stand with Asian Americans initiative, launched by business leaders from the AAPI community in response to recent and upsetting episodes of aggression toward the AAPI community. Verisign supports this initiative and the pledge for which it stands, and has made a substantial contribution to the initiative's partner, the Asian Pacific Fund, to help uplift the AAPI community.

Second, and after consultation with our staff, we have directed significant charitable contributions to organizations helping to fight the worsening wave of COVID-19 in India. Through Direct Relief we will be helping to provide oxygen and other medical equipment to hospitals, while through Give India we will be supporting families in India impacted by COVID-19.

The 'extended Verisign family' of our employees, and their families and their communities, means a tremendous amount to us - it is only thanks to our talented and dedicated people that we are able to continue to fulfill our mission of enabling the world to connect online with reliability and confidence, anytime, anywhere.

Verisign expands its community support initiatives, with contributions to COVID-19 relief in India and to the Stand with Asian Americans initiative.

Disclaimer

VeriSign Inc. published this content on 19 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 May 2021 17:45:04 UTC.


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Financials (USD)
Sales 2022 1 427 M - -
Net income 2022 610 M - -
Net Debt 2022 - - -
P/E ratio 2022 35,0x
Yield 2022 -
Capitalization 21 921 M 21 921 M -
Capi. / Sales 2022 15,4x
Capi. / Sales 2023 14,2x
Nbr of Employees 903
Free-Float 30,0%
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Number of Analysts 2
Last Close Price 204,33 $
Average target price 215,00 $
Spread / Average Target 5,22%
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D. James Bidzos Director
Todd B. Strubbe President & Chief Operating Officer
George E. Kilguss CFO, Chief Accounting Officer & Executive VP
Burt Kaliski Chief Technology Officer & Senior Vice President
Roger H. Moore Lead Independent Director
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