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VeriSign Earnings, Revenue Beat in Q4 -Breaking

by Mike Robinson

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© Reuters. VeriSign earnings beat in Q4

VeriSign (NASDAQ) reported Thursday that the fourth quarter beat analyst forecasts, and that revenue exceeded expectations.

VeriSign posted earnings per share in the range of $1.48 to $340.31M on revenue. Investing.com polled analysts to predict EPS of 1.45 on revenues of $339.34M.

VeriSign shares fell 16% over the first of the year. This is still 17.24% less than its 52-week peak of $257.03 on December 30, 2021. They are under-performing the S&P 500 which is down 5.52% from the start of the year.

VeriSign is following other important earnings in the Information Technology sector this month

VeriSign’s earnings report comes after Apple beat VeriSign on January 27, reporting EPS at $2.1 per share on revenue revenue of $123.95B. Forecasts were for EPS at $1.9 on revenue revenue $119B.

Microsoft exceeded expectations by beating all forecasts on January 25, posting a 2nd quarter EPS (EPS) of $2.48 on revenue $51.73B, against EPS projections of 2.32 on $50.74B.

You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar

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