Investing.com - VeriSign reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
VeriSign announced earnings per share of $1.48 on revenue of $340.31M. Analysts polled by Investing.com anticipated EPS of $1.45 on revenue of $339.34M.
VeriSign shares are down 16% from the beginning of the year , still down 17.24% from its 52 week high of $257.03 set on Thursday, December 30, 2021. They are under-performing the Nasdaq which is down 9.33% year to date.
VeriSign shares gained 0.05% in after-hours trade the report.
VeriSign follows other major Information Technology sector earnings this month
VeriSign's report follows an earnings beat by Apple on Thursday, January 27, 2022, who reported EPS of $2.1 on revenue of $123.95B, compared to forecasts EPS of $1.9 on revenue of $119B.
Microsoft had beat expectations on Tuesday, January 25, 2022 with second quarter EPS of $2.48 on revenue of $51.73B, compared to forecast for EPS of $2.32 on revenue of $50.74B.
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