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VeriSign revenues advance 3% in Q4

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VeriSign said revenues for the fourth quarter rose 3.1 percent from the year before to USD 320 million, and that its net profit increased to USD 157 million or USD 1.38 per diluted share, including USD 12.4 million worth of unrecognized income tax benefits, from 148 million and 1.26 per share. The operating margin was unchanged at 63.9 percent. The company noted that it authorized the buyback of USD 747 million more of shares, bringing its share repurchase programme to USD 1.0 billion, with no expiration.

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Categories: Internet
Companies: VeriSign
Countries: World
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