Investing.com - VeriSign (NASDAQ:VRSN) reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
VeriSign announced earnings per share of $1.43 on revenue of $346.9M. Analysts polled by Investing.com anticipated EPS of $1.53 on revenue of $342.99M.
VeriSign shares are down 9% from the beginning of the year and are trading at $208.42 , down-from-52-week-high.They are outperforming the Nasdaq which is down 17.73% from the start of the year.
VeriSign follows other major Information Technology sector earnings this month
VeriSign's report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $2.22 on revenue of $49.36B, compared to forecasts EPS of $2.19 on revenue of $49.01B.
Taiwan Semiconductor had beat expectations on Thursday, April 14, 2022 with first quarter EPS of $1.35 on revenue of $16.94B, compared to forecast for EPS of $1.27 on revenue of $16.73B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar