Profits grow even faster at .com domain name registry.
Verisign (NASDAQ: VRSN) reported earnings today after the market close.
Revenue for the third quarter was $308.421 million, up slightly from $305.777 million in the same quarter of 2018.
It kept its costs down, however, so its operating income jumped from $194.997 million to $205.616 million.
The total base of registered .com and .net domains increased 3.8% year-over-year. During the quarter, a net 1.27 million .com and .net domains were added after accounting for deletions. That brings the total to 157.4 million domains.
9.9 million .com/.net domains were registered during the quarter, up from 9.5 million in the same quarter last year.