VRSN Earnings Prediction
The chart below shows how VRSN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, VRSN sees a +0.40% change in stock price 10 days leading up to the earnings, and a -0.62% change 10 days following the report. On the earnings day itself, the stock moves by -0.18%. This data can give you a slight idea of what to expect for the next quarter's release.
VRSN Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
390.60M
3.80%
0.90%
Gross Margin
88.02%
1.08%
0.22%
Operating Margin
68.95%
2.03%
0.26%
Net Margin
51.54%
2.89%
0.35%
EPS
2.07
13.11%
2.99%
No Data Available
VRSN Earnings Analysis
VeriSign Inc Corporation (VRSN.O) Earnings Conference Call
Positive
Quarterly Revenue Increase: For the third quarter, revenues grew 3.8% year-over-year, totaling $391 million.
Operating Income Increase: Operating income increased by 5.9% year-over-year, reaching $269 million.
Net Income Increase: Net income for the third quarter totaled $201 million, compared to $188 million a year earlier, resulting in diluted earnings per share of $2.07, up from $1.83.
Cash Flow Performance: Operating cash flow for the third quarter was $253 million, and free cash flow was $248 million, compared to $245 million in the same quarter last year.
Share Repurchase Activity: During the third quarter, the company repurchased 1.7 million shares for $301 million.
Negative
Domain Name Base Decline: During the third quarter, the domain name base decreased by 1.1 million names.
Renewal Rate Comparison: The renewal rate for the third quarter of 2024 is expected to be approximately 72.3% compared to 73.5% a year ago.
U.S. Region Name Decline: The U.S. region was lower by approximately 850,000 names during the third quarter.
EMEA Domain Name Growth: The domain name base from our EMEA region was up nearly 200,000 names during the third quarter.
Expense Growth Projection: We expect expenses to grow more in 2025 than they have in 2024.
VRSN FAQs
How does VRSN typically perform around its earnings report dates?
Is VeriSign, Inc. (VRSN) Q3 2024 Earnings Conference Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
VRSN Earning Call Sentiment
VeriSign, Inc. (VRSN) Q3 2024 Earnings Conference Call Transcript
1.0x
00:00
00:00
VRSN.O
-0.86%Positive
The earnings call summary presents a mixed outlook. Financial performance shows positive growth in revenue, operating income, and EPS, but the domain name base decline and renewal rate decrease are concerns. The share repurchase program is a positive factor. The Q&A reveals uncertainties, particularly in channel marketing and Chinese market recovery. While financial metrics are strong, guidance remains cautious, and the domain name base is expected to decline, balancing the overall sentiment. Without market cap information, the prediction is neutral, as positive and negative factors offset each other.
