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

company announced first quarter of 2022 operating income of $224.8 millions

Published 2022-04-29T15:19:25-04:00
Goran Soko / CSIMarket.com Contributer

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.


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Slight -4.086 %, Revenues slide at the company during the fourth quarter of 2022 earnings season

For the February to April 30 2022 span company EPS plummeted by -46.91 % of $0.43 per share compare to $0.81 a year before and profit plummeted by -44.87 % from $0.78 per share from the prior financial reporting period.

Revenues contracted by -4.086 % to $288.70 millions from $301.00 millions in the comparable financial reporting period a year before and sequentially Revenue decreased by -0.995 % from $291.60 millions.


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