VeriSign Earnings inline, Revenue beats In Q2

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VeriSign Earnings inline, Revenue beats In Q2
Credit: © Reuters.

Investing.com - VeriSign (NASDAQ: VRSN ) reported on Thursday second quarter earnings that matched analysts' forecasts and revenue that topped expectations.

VeriSign announced earnings per share of $1.32 on revenue of $314.4M. Analysts polled by Investing.com anticipated EPS of $1.32 on revenue of $313.33M.

VeriSign shares are down 45% from the beginning of the year and are trading at $205.93 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 10.15% from the start of the year.

VeriSign follows other major Technology sector earnings this month

VeriSign's report follows an earnings beat by Microsoft on Wednesday, who reported EPS of $1.46 on revenue of $38.03B, compared to forecasts EPS of $1.38 on revenue of $36.43B.

Taiwan Semiconductor had beat expectations on Wednesday, July 15, 2020 with second quarter EPS of $0.79 on revenue of $10.55B, compared to forecast for EPS of $0.72 on revenue of $10.38B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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