Verisign $VRSN Q4 2017 Results, LIVE Webcast Feb 8 Replay

$VRSN up 32% YOY as of Feb 7, 2018
Verisign Fourth Quarter and Full Year 2017 Financial Results:
VeriSign, Inc. (NASDAQ: VRSN) (domain: verisign.com), registry operator for .COM and .NET top-level domains, and an internet security services provider, held its earnings call for the fourth quarter and full year 2017 on Thursday, Feb. 8, 2018, at 4:30 p.m. (EST).

NASDAQ: VRSN - Feb 8, 4:13 PM EST
105.62USD Price decrease $3.49 (3.20%)

Q4 2017 Verisign Earnings Webcast (Listen to the Replay)

VeriSign's (VRSN) CEO Jim Bidzos on Q4 2017 Results - Earnings Call Transcript | SeekingAlpha.com

Earnings Presentation (pdf) (graphic excerpt below)

Earnings Results Fourth Quarter GAAP Financial Results VeriSign, Inc. and subsidiaries (“Verisign”) reported revenue of $296 million for the fourth quarter of 2017, up 3.2 percent from the same quarter in 2016. Verisign reported net income of $103 million and diluted earnings per share (diluted “EPS”) of $0.83 for the fourth quarter of 2017, compared to net income of $106 million and diluted EPS of $0.84 for the same quarter in 2016. The operating margin was 59.7 percent for the fourth quarter of 2017 compared to 59.0 percent for the same quarter in 2016.

Verisign ended the fourth quarter with 146.4 million .com and .net domain name registrations in the domain name base, a 2.9 percent increase from the end of the fourth quarter of 2016, and a net increase of 0.57 million during the fourth quarter of 2017. • In the fourth quarter, Verisign processed 9.0 million new domain name registrations for .com and .net, as compared to 8.8 million for the same quarter in 2016. • The final .com and .net renewal rate for the third quarter of 2017 was 74.4 percent compared with 73.0 percent for the same quarter in 2016. Renewal rates are not fully measurable until 45 days after the end of the quarter. Estimate 72.2% renewal rate for Q4 2017.
Editor's note: .NET is continuing its decline in registrations (losing 500,000 registrations QoQ to end at 14.5 million end of Q4), but more than offset by gains in .COM registrations (131.9 million at end of Q4, up from 130.8 Million at the end of Q3). No 2018 guidance based upon .WEB and whether it will even launch in 2018 (timing is dependent on ICANN). No news whether NTIA will extend the Cooperative Agreement (with reference to .COM) beyond Nov 30, 2018.

See also Verisign's SEC filings.

Quarterly VRSN Convertible Debenture Dilution Q4- 2017

The Top 20 Tech Companies by Revenue Per Employee:
Courtesy of: VisualCapitalist.com August 23, 2017

Rank--Company--Revenue per employee:
#1 Apple $1,859,000
#2 Facebook $1,621,000
#3 Alphabet $1,253,000
#4 VeriSign $1,154,000
#5 Visa $1,062,000
#6 Mastercard $906,000
#7 Broadcom $843,000
#8 Lam Research $785,000
#9 Qualcomm $772,000
#10 Microsoft $748,000
About Verisign:
Verisign ensures the security, stability and resiliency of key internet infrastructure and services, including .com and .net domains and two of the internet's root servers, as well as performs the root zone maintainer function for the core of the internet's Domain Name System (DNS). Verisign's Security Services include Distributed Denial of Service Protection and Managed DNS. (source: Verisign.com).

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