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.