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Verisign Inc had third quarter 2020 Sales increase of 3.07 % to $
318 millions from $308 millions from the same quarter a year ago, company grew eps by 14.62 % to $1.49, from $1.30 in the prior year quarter.
In the previous quarter company realized Sales of $314 millions and bottom line of $1.32 per share.
Verisign Inc said it's sales growth was driven by U.S. segment up 3.95% APAC segment up 10.79% EMEA segment up 7.06%, while sales in Other segment fell -3.14%.
Net income of $170.979 millions in the third quarter 2020 increased by
11.09 % from net earnings of $153.913 millions reported in the third quarter 2020 a year ago. Although operating margin fell to 65.01%, in the third quarter 2020, the company's net margin actually improved to 53.79%.
Continuing with Verisign Inc's third quarter 2020 report, company pointed out increase in: Active domain names ending in .com & .net (millions) 133.50 up 3.57 %.
Verisign Inc is expected to report next financial results on January 22, 2021.
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