Income surged by 7.52 % at VRSN all along the first quarter of 2022 earnings season

Revenue for the first quarter of 2022 earnings season increased by 7.193 % to $346.90 millions in relative to to $323.62 millions in the prior year reporting season, income per share surged by 7.52 % to $1.43 per share, as relative to at $1.33 in the prior year reporting season.

In contrast to the Q4 Revenues surged by 1.937 % from $340.31 millions and profit plummeted by -51.89 % from $2.97 per share.

The management should be pleased with the performance and engagement of the VRSN team, they remain to accurately navigate through difficulties and match overall customer demand complete and on time, meanwhile delivering robust net profitability.
Net income of $157.500 millions in the first quarter of 2022 earnings season increased by 4.75 % from net earnings of $150.354 millions reported in the first quarter of 2022 earnings season a year ago. Verisign Inc shifted it's focus on improving sales in the first quarter of 2022 earnings season, as a result net margin eased to 45.4%.


Verisign Inc is expected to report next financial recent numbers on July 21, 2022.