Company will increase marketing plans in second half of year to grow domain name base. Verisign (NASDAQ:VRSN) reported earnings yesterday and lowered its guidance for the year. It once again blamed China for much of the drop, noting that its ... Continue Reading3 Comments
China sinks Verisign’s domain base in Q4
· UncategorizedBut price hikes help the company post solid financials. Verisign (NASDAQ: VRSN) reported earnings yesterday and, once again, blamed China for a drop in domain name registrations. The company had 9.0 million new .com and .net registrations during ... Continue ReadingLeave a Comment
Verisign announces .com price hike to $10.26
· Policy & Law.Com domains will cost $10.26 plus markup beginning in September. Verisign (NASDAQ: VRSN) today announced that it is raising the wholesale price of .com domain names on September 1, 2024. The registry currently charges registrars $9.59 per year ... Continue Reading4 Comments
Is Verisign “immune from coronavirus”?
· ServicesImmune might be too strong of a word, but it's a safer bet than many other businesses. This weekend I calculated how much domain name stocks have fallen in the stock market rout. Verisign (NASDAQ: VRSN) fell less than other domain stocks, and I wrote, ... Continue Reading3 Comments
How domain name stocks fared in stock market rout
· Domain RegistrarsNot well. Stock markets were up nearly 10% on Friday, and it was a sigh of relief in a tumultuous period. Stocks have been pummelled as the world goes into hiding over fears of the COVID-19 outbreak. The Dow 30 is down 22% since its peak on ... Continue Reading8 Comments
Verisign stock tops $200 per share
· ServicesIt's not quite the dot.com boom, but Verisign's share price has hit a key number. Verisign's (NASDAQ: VRSN) stock price has eclipsed $200 per share for the first time since the dot com boom. Shares briefly traded for above $250 in March 2000 before ... Continue Reading3 Comments
Verisign’s Annual Report and .com price increases
· Policy & LawVerisign's 10-K gives clues to how it is approaching a .com price increase. .Com registry Verisign (NASDAQ: VRSN) published its 2018 annual report on Friday. I reviewed the document to look for information about Verisign's hopes of raising the price of ... Continue Reading3 Comments
Verisign begins price increase talks with ICANN
· Policy & LawVerisign is negotiating with ICANN to bake price increases into current .com registry agreement. .Com registry Verisign (NASDAQ: VRSN) has begun negotiations with ICANN to add price increases to its current contract to run .com domain ... Continue Reading6 Comments
Verisign reports 2018 results
· Uncategorized9.5 million .com/.net registrations in Q4, operating margin continues to grow. .Com registry Verisign (NASDAQ: VRSN) reported Q4 and full-year 2018 results this afternoon. For the year, GAAP net income increased from $457 million in 2017 to $582 ... Continue Reading3 Comments
How the competitive domain registrar market keeps prices down
· Domain RegistrarsNo matter what Verisign charges them, registrar profits on .com are limited by competition. Last year the U.S. Government granted the ability for Verisign (NASDAQ: VRSN) to raise prices on .com domain names pending approval from ICANN. Where does ... Continue Reading8 Comments