VeriSign Earnings miss, Revenue beats In Q4

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VeriSign Earnings miss, Revenue beats In Q4
Credit: © Reuters.

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

VeriSign announced earnings per share of $1.31 on revenue of $310.5M. Analysts polled by Investing.com anticipated EPS of $1.33 on revenue of $309.75M. That with comparison to EPS of $1.58 on revenue of $307.45M in the same period a year before.VeriSign had reported EPS of $1.36 on revenue of $308.42M in the previous quarter.Analysts are expecting EPS of $1.4 and revenue of $320.41M in the upcoming quarter.

VeriSign shares are up 12.73% from the beginning of the year and are trading at $217.21 , down-from-52-week-high.They are outperforming the Nasdaq 100 which is up 7.31% year to date.

VeriSign follows other major Technology sector earnings this month

VeriSign's report follows an earnings beat by Apple on Tuesday, January 28, 2020, who reported EPS of $4.99 on revenue of $91.82B, compared to forecasts EPS of $4.54 on revenue of $88.51B.

Microsoft had beat expectations on Wednesday, January 29, 2020 with second quarter EPS of $1.51 on revenue of $36.91B, compared to forecast for EPS of $1.05 on revenue of $32,512M.

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

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