VeriSign Q2 EPS $2.01 Beats $1.93 Estimate, Sales $387.10M Beat $385.80M Estimate
Portfolio Pulse from Benzinga Newsdesk
VeriSign (NASDAQ:VRSN) reported Q2 earnings per share (EPS) of $2.01, surpassing the analyst estimate of $1.93. The company's sales were $387.10 million, also beating the estimate of $385.80 million. Both EPS and sales showed year-over-year growth.
July 25, 2024 | 8:16 pm
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VeriSign reported better-than-expected Q2 earnings and sales, with EPS of $2.01 beating the estimate of $1.93 and sales of $387.10 million surpassing the $385.80 million estimate. Both metrics showed significant year-over-year growth.
The better-than-expected earnings and sales figures, along with significant year-over-year growth, are likely to positively impact VeriSign's stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100