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 $1.54 on revenue of $351.9M. Analysts polled by Investing.com anticipated EPS of $1.54 on revenue of $348.39M.

VeriSign shares are down 28% from the beginning of the year and are trading at $180.00 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is down 22.07% from the start of the year.

VeriSign shares lost 1.39% in after-hours trade the report.

VeriSign follows other major Information Technology sector earnings this month

VeriSign's report follows an earnings beat by Apple on Thursday, who reported EPS of $1.2 on revenue of $82.96B, compared to forecasts EPS of $1.16 on revenue of $82.59B.

Microsoft had missed expectations on Tuesday with fourth quarter EPS of $2.23 on revenue of $51.87B, compared to forecast for EPS of $2.29 on revenue of $52.43B.

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

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