Revenue was up 8% in the quarter, some of which is attributed to the company’s acquisition of .Co.
Neustar reported second quarter earnings after the bell today.
Revenue was up 8% and adjusted net income was up 1% compared to the same quarter a year ago.
The company’s Security Services segment reported 28% growth, 12% of which it attributed to the acquisition of .Co. It’s not entirely clear if this represents a full quarter of .Co revenue, but .Co appears to be adding better than $1 million a month in top line revenue. [Update: .Co contribued $3.3 million top line. The acquisition was close to the beginning of the quarter, so this might not be for a full quarter. Neustar expects .Co to contribute $7M revenue in the second half of the year.]
Neustar is also the registry for .biz and .us as well as the back end technology provider for many new top level domain names.
The company continues to look for ways to grow its revenue base as its contract to run the number portability system in North America is up for grabs.
Our company owns 100+ .co names – the boss has instructed us to let them ALL drop after this year.