Verisign reported revenue of $395 million for Q4 2024, up 3.9% from the same quarter in the prior year, net income of $191 million and diluted earnings per share of $2.00. For the full year 2023, revenue was $1.56 billion, up 4.3% from the prior year, and net income was $786 million.

1. 01

   Verisign reported revenue of $395 million for Q4 2024, up 3.9% from the same quarter in the prior year, net income of $191 million and diluted earnings per share of $2.00. For the full year 2023, revenue was $1.56 billion, up 4.3% from the prior year, and net income was $786 million.

2. 02

   The company said net income for Q4 2023 of $265 million included the recognition of certain income tax benefits, which increased net income by $69.3 million and increased diluted earnings per share by $0.68. Net income for Q4 2024 was $191 million, and full-year 2023 net income was $786 million compared to $818 million in the prior year.

3. 03

   Verisign said operating cash flow for the full year 2024 was $903 million compared to $854 million in 2023, and it repurchased 6.6 million shares of common stock for $1.21 billion during the full year. Cash, cash equivalents and marketable securities as of the end of 2024 totaled $600 million, a decrease of $326 million from year-end 2023.

4. 04

   The company said .com and .net domain name registrations at the end of Q4 2024 totaled 169.0 million, a decrease of 2.1% from the end of Q4 2023, and the final renewal rate for Q3 2024 was 72.2% compared to 73.5% for the same quarter in the prior year. It also renewed its .com Registry Agreement with ICANN and will remain the sole registry operator for the .com registry through November 30, 2030.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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