VeriSign Q4 EPS $2.60 Beats $1.86 Estimate, Sales $380.40M Beat $377.87M Estimate
Portfolio Pulse from Benzinga Newsdesk
VeriSign (NASDAQ:VRSN) reported Q4 earnings of $2.60 per share, surpassing the $1.86 estimate, marking a 52.94% increase from last year. Sales reached $380.40M, exceeding the $377.87M estimate, up 3.03% from the previous year.
February 08, 2024 | 9:06 pm
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VeriSign reported a significant beat on both earnings per share and sales for Q4, with earnings per share at $2.60 against a $1.86 estimate and sales at $380.40M against a $377.87M estimate.
The significant beat on both earnings per share and sales estimates for VeriSign indicates strong financial health and operational efficiency, likely leading to positive investor sentiment and potential short-term stock price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100