NASDAQ$VRSN

Verisign · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Verisign reported its financial results for the fourth quarter and full year ended December 31, 2024.

Verisign reported a 3.9% increase in revenue for Q4 2024 compared to the same quarter in 2023, reaching $395 million. Operating income also saw an increase, while net income and diluted EPS decreased due to a one-time tax benefit in the prior year.

  • Revenue for Q4 2024 increased by 3.9% to $395 million compared to Q4 2023.
  • Operating income for Q4 2024 was $264 million, up from $256 million in Q4 2023.
  • Net income for Q4 2024 was $191 million, with diluted EPS of $2.00, impacted by a tax benefit in Q4 2023.
  • Verisign repurchased 1.4 million shares of its common stock for $260 million during Q4 2024.

Headline financials

Total Revenue

$395M

Previous: $380M+3.8%
EPS (adj)

$2.00

Previous: $1.92+4.2%
.com and .net domain registrations

169.1M

No prior period
New .com and .net registrations

9.5M

No prior period
.com and .net renewal rate

72.2%

No prior period
Capital Expenditures

-$9.5M

Previous: -$5M-90.0%
Net Income

$191M

Previous: $265M-27.9%
Operating Income

$264M

Previous: $256M+3.1%
Gross Profit

$347M

Previous: $332M+4.5%
R&D Expense

$24.9M

No prior period

Revenue & EPS history

Verisign · Revenue · Quarterly

$395M

Q4 2024+3.8%vs Q4 2023
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

The report does not contain specific forward-looking guidance for future financial periods.

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 Q4 2024

Historical avgQ4 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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro