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Verisign earnings: 149.7 million total .com/.net base, $302 million revenue

Verisign continues to show growth in .com domains.

Verisign (NASDAQ: VRSN) reported earnings for the second quarter of 2018 after the bell today.

The company generated $302 million in revenue and $128 million net income for Q2 2018.

There were 149.7 million .com and .net domains registered at the end of the quarter. That’s an increase of 1.39 million domains from the end of Q1, ahead of the company’s expectations of 0.7 to 1.2 million. (As I’ve pointed out before, it’s fairly easy for the company to his its domain base targets.)

There were 9.6 million new domain name registrations for .com and .net domains in the quarter.

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  1. Mark Thorpe says

    Things are looking good for .Com domains! Not so good for nTLD’s.
    Although, I still have hope for .App domains.

    It’s going to take awhile for people to realize that .App domains exist.

  2. Mike Sallese says

    Looks like they are exceeding projections due to more regs and better renewal rates YOY. Looks like strength in both US and China but they specifically called out the US in the earnings call.

    Great stock to own (I do own some).


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