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VeriSign Earnings miss, Revenue beats In Q1

Published 2022/04/28, 22:15
© Reuters.  VeriSign Earnings miss, Revenue beats In Q1
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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

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