Verisign Reports Internet Has 354M Domain Name Registrations At The End Of Q1 2023, Up 3.5M, Or 1% YoY
Portfolio Pulse from Happy Mohamed
Verisign reported 354 million domain name registrations at the end of Q1 2023, up 3.5 million or 1% YoY. The .com and .net TLDs had a combined total of 174.8 million domain name registrations, while ccTLD domain name registrations were 135.7 million.
June 08, 2023 | 8:57 pm
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Verisign's Q1 2023 report shows a 1% YoY increase in domain name registrations, with .com and .net TLDs having a combined total of 174.8 million registrations.
The increase in domain name registrations indicates a positive growth trend for Verisign. As the global provider of domain name registry services and internet infrastructure, this growth in registrations directly impacts their revenues and earnings, which could lead to a positive short-term impact on their stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100