After slow second quarter, Verisign returns to health growth in net-adds in third quarter.
Verisign just reported third quarter earnings, and it appears to have been a pretty good quarter in terms of .com and .net registrations compared to the previous quarter.
The registration base for .com and .net increased by 1.15 million domain names to reach 130.0 million.
That’s a nice rebound from the second quarter, when Verisign added just 0.42 million registrations to its .com/.net base
In the third quarter, it sold 8.7 million new domain name registrations for .com and .net, compared to 8.3 million for the same period in 2013.
The company reported revenue of $255 million for the third quarter of 2014, up 4.7 percent from the same quarter in 2013.
It amazes me when I think about how many people said the nTLDs are essential because “there aren’t many more .coms left”. By my own calculation, that’s about 2 million .coms ago.
Even with 130 million .coms, there’s still countless millions of combinations available… not to mention quite a lot of that 130 million are for sale for the right price.
It makes you wonder why all the fuss.