Verisign will put $20 million in the kitty in return for multi-billion dollar windfall. Last year I made a prediction in my annual predictions podcast: ICANN would let Verisign (NASDAQ: VRSN) raise prices on .com, but Verisign would pay it extra money ... Continue Reading17 Comments
One year later: Verisign threw domain investors under the bus
· UncategorizedThe day after announcing a deal to hike .com prices, Verisign threw domain investors under the bus. Verisign (NASDAQ: VRSN) supplies .com domain names by maintaining the registry for these domains. That's essentially its only job. Over the past ... Continue Reading12 Comments
Revenues tick up at Verisign as it adds 1.27 million domains
· UncategorizedProfits 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 ... Continue Reading2 Comments
JPMorgan analyst cautions on domain growth
· ServicesAuty believes base of .com/.net domains missed his Q3 forecast. JPMorgan analyst Sterling Auty lowered his forecast for growth of the domain base at Verisign (NASDAQ: VRSN) in Q3. He lowered his estimate from 1.62 million net adds to just 1.27 million ... Continue ReadingLeave a Comment
Verisign .com/.net domain base increases by 1.34 million
· ServicesMore cash in the coffers for .com registry Verisign. Verisign (NASDAQ: VRSN) reported earnings for Q2 2019 yesterday. The company had $306 million in revenue and $148 in net income. The operating margin was 65.9%, up from 63.8% in the same quarter ... Continue Reading1 Comment
Verisign jumps in on .Web dispute, here’s what it could mean
· Policy & LawActions suggest Verisign is ready to bring .web to market, not to bury it. Shortly after domain name registry Afilias filed for Independent Review over the .Web top level domain, Verisign filed an amicus brief asking for an end to the ... Continue Reading1 Comment
New Amazon Alexa gadgets lead to profits for Verisign
· UncategorizedAmazon announced a bunch of products, which means it registered a bunch of domains controlled by Verisign. Every time Amazon announces a new product its domain name team goes to work defensively registering domain names. So when the company announces ... Continue ReadingLeave a Comment
