VeriSign Q3 2024 GAAP EPS $2.07, Sales $390.600M Beat $390.173M Estimate
Portfolio Pulse from Benzinga Newsdesk
VeriSign reported Q3 2024 earnings with a GAAP EPS of $2.07 and sales of $390.6 million, slightly surpassing analyst expectations. This marks a 3.8% increase in sales compared to the same period last year.
October 24, 2024 | 8:06 pm
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POSITIVE IMPACT
VeriSign's Q3 2024 earnings report shows a slight beat on both EPS and sales, with a 3.8% year-over-year increase in sales.
VeriSign's earnings and sales both slightly exceeded analyst expectations, which is generally positive for the stock price. The year-over-year sales growth of 3.8% also indicates a healthy business performance, likely leading to a positive short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100