NASDAQ$VRSN

Verisign · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Verisign reported a revenue increase of 3.8% year-over-year, with operating income, net income, and EPS also showing positive growth.

Verisign reported Q3 2024 results with revenue of $391 million, a 3.8% increase from Q3 2023. Operating income rose to $269 million, and net income reached $201 million, with EPS at $2.07.

  • Revenue increased by 3.8% compared to the same quarter in 2023, reaching $391 million.
  • Operating income increased to $269 million, up from $254 million in the same quarter of the previous year.
  • Net income increased to $201 million, compared to $188 million for the same quarter of 2023.
  • Diluted earnings per share (EPS) increased to $2.07, compared to $1.83 for the same quarter of 2023.

Headline financials

Total Revenue

$391M

Previous: $376M+3.8%
EPS (adj)

$2.07

Previous: $1.83+13.1%
Capital Expenditures

-$18.6M

Previous: -$40.8M+54.4%
Free Cash Flow

$183M

Previous: $148M+23.7%
Net Income

$201M

Previous: $189M+6.8%
Operating Income

$269M

Previous: $254M+5.9%
Gross Profit

$344M

Previous: $328M+4.9%
Cash & Equivalents

$267M

Previous: $158M+69.5%
Total Assets

$1.46B

Previous: $1.7B-13.8%
R&D Expense

$23.2M

Previous: $21.7M+6.9%

Revenue & EPS history

Verisign · Revenue · Quarterly

$391M

Q3 2024+3.8%vs Q3 2023
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

No specific forward guidance was provided in the press release.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

+0.2%

Avg return

Earnings day

-0.1%

Avg return

5 days after

+1.1%

Avg return

30 days after

51%

37 / 73 earnings

Positive

+14.4%

Q2 2014

Best reaction

-15.6%

Q3 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.1%-1.6%+11.8%
Q4 2025-7.6%-11.1%+0.5%
Q3 2025-1.3%-7.1%+0.3%
Q2 2025+1.2%+1.7%+7.0%
Q1 2025+8.0%+11.7%+10.8%
Q4 2024+0.5%+3.3%+9.2%
Q3 2024-2.4%-3.8%-2.7%
Q2 2024+5.2%+6.9%+2.5%
Q1 2024-5.4%-8.7%-7.7%
Q4 2023-0.9%-2.9%-4.6%
Q3 2023-6.7%-3.3%+3.3%
Q2 2023-1.2%+0.3%-2.4%
Q1 2023+4.5%+3.5%+6.5%
Q4 2022-1.0%+0.7%-10.0%
Q3 2022+9.9%+6.5%+7.5%
Q2 2022+4.3%+6.5%+3.4%
Q1 2022-12.2%-10.1%-13.4%
Q4 2021-2.4%-1.5%-7.0%
Q3 2021+5.1%+6.6%+13.8%
Q2 2021-3.3%-4.8%-7.4%
Q1 2021+0.2%+4.2%+4.9%
Q4 2020-0.4%-2.5%-7.4%
Q3 2020-2.3%-3.2%-4.4%
Q2 2020+1.3%+0.3%+0.4%
Q1 2020-1.6%-2.1%-0.9%
Q4 2019-3.8%-4.1%-10.0%
Q3 2019+4.0%+3.7%+3.1%
Q2 2019-0.1%-1.3%-7.5%
Q1 2019+5.5%+4.3%+2.8%
Q4 2018-0.5%+0.2%+2.2%
Q3 2018+3.6%+3.5%+12.3%
Q2 2018-0.6%-3.9%+3.2%
Q1 2018-0.3%-0.6%+8.3%
Q4 2017-0.0%+1.3%+10.4%
Q3 2017+1.2%-0.2%+8.8%
Q2 2017+0.7%-2.4%-0.4%
Q1 2017+0.1%+2.3%+1.5%
Q4 2016+0.7%+0.1%+3.5%
Q3 2016+6.8%+4.9%+2.5%
Q2 2016+3.1%+0.3%-10.7%
Q1 2016-3.4%
Q4 2015+4.3%
Q3 2015+7.7%
Q2 2015+2.9%
Q1 2015-3.3%
Q4 2014+5.4%
Q3 2014+6.1%
Q2 2014+14.4%
Q1 2014-5.8%
Q4 2013-5.1%
Q3 2013+1.2%
Q2 2013+4.4%
Q1 2013-1.3%
Q4 2012+7.8%
Q3 2012-15.6%
Q2 2012+9.6%
Q1 2012-0.1%
Q4 2011-1.0%
Q3 2011-0.9%
Q2 2011-4.3%
Q1 2011+0.1%
Q4 2010+2.4%
Q3 2010+2.9%
Q2 2010+6.0%
Q1 2009+1.5%
Q1 2010+1.6%
Q4 2007+2.3%
Q4 2009+2.3%
Q3 2009-4.1%
Q3 2008-4.1%
Q2 2009-9.3%
Q4 2008-9.3%
Q2 2008-9.3%

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