Showing posts with label Root Zone. Show all posts
Showing posts with label Root Zone. Show all posts

2018-07-08

News Review | Is ICANN Trying To Hijack The Global Internet DNS Root?

graphic "News Review" ©2016 DomainMondo.com
Domain Mondo's weekly internet domain news review (NR 2018-07-08) with analysis and opinion: Features • 1) Is ICANN Trying To Hijack The Global Internet DNS Root? 2) ICANN news: a. GDPR, RDS, WHOIS & ePDP Updates, and more, 3) Names, Domains & Trademarks: Dot COM Still King, and more, 4) ICYMI Internet Domain News, 5) Most Read.

UPDATE: SSAC2 Organizational Review
Time: 20:00 UTC [local time] 4pm EDT (US)
Adobe Connect Room: https://participate.icann.org/OrgReviews – (upon log-in, please, use the automatic dial-out prompt to connect your phone). More information here.
Editor's note: I have already submitted a comment, view here.
The Assessment Report (pdf).
Comment Deadline Extension - SSAC Review Assessment Report - 2 July 2018 - comments on the report are encouraged and can be sent to mssi-secretariat@icann.org until the new deadline of 23:59 UTC on 27 July 2018.
The ICANN Security and Stability Advisory Committee (SSAC) advises the ICANN community and Board on matters relating to the security and integrity of the Internet's naming and address allocation systems. This includes operational, administrative, and registration matters.
Original Post:
1) Is ICANN Trying To Hijack The Global Internet DNS Root?
List of the global internet DNS Root Servers (graphic)
source: iana.org
"Internet overseer ICANN is considering a self-managed governance model for the world's Domain Name System root servers – and one of the outcomes could be a reduction in the number of root servers"--theregister.co.uk.
Apparently the Internet Corporation for Assigned Names and Numbers, the California "non-profit" corporation known as ICANN, is not content in having:
  1. wrecked the global DNS by delegating into the global internet root hundreds of new gTLDs that "fail to work as expected on the internet" (see last week's News Review 2)c. SSAC2);
  2. designed and implemented an ill-conceived new gTLDs program founded upon consumer fraud, a .BRAND extortion racket, exploitative pricing power and greed, and ICANN incompetence (pdf);
  3. expropriated for itself and its "contracted" third parties, potentially every geographic term and reference in the world--cities, regions, states, etc.--for privatized monetary gain and exploitation (in perpetuity);
  4. completely bungled its response to the European Union's data protection law (GDPR).
Now, ICANN, together with its dysfunctional, codependent and captive "ICANN community" dominated by "special interests" (lawyers, lobbyists, contracted parties), apparently wants more--the world's DNS root zone itself configured as 13 named authorities (see graphic above).

ICANN62 Presentation:

ICANN62 Transcript (pdf).

RSSAC037 A Proposed Governance Model for the DNS Root Server System | ICANN.org (pdf).

Editor's note: anything ICANN touches usually does not end well. For that pragmatic reason alone, before there are any other changes to the DNS root servers, I would suggest first that ICANN be prohibited from ever playing any role in the operation or management of the global internet DNS root servers, and that ICANN be required to divest itself from operating the L root server (transfer its operation and management to IETF or another affiliate of the Internet Architecture Board or the Internet Society).

2) ICANN News
ICANN | Internet Corporation for Assigned Names and Numbers (graphic)
a. GDPR, RDS, WHOIS & ePDP Updates
ICANN's GDPR Train Wreck ©2018 DomainMondo.com (graphic)
•  European Data Protection Board - Second plenary meeting, Thursday, 5 July, 2018 (pdf) excerpt below:
 EDPB Second Plenary Meeting July 5, 2018 re: ICANN

•  5 July 2018 Letter from European Data Protection Board Chair Andrea Jelinek to ICANN CEO Göran Marby (pdf) embed below, responding to 10 May 2018 letter (pdf) from Göran Marby, in which the EDPB reiterates what it (or its predecessor WP29) had previously told ICANN:

See also ICANN't get no respect: Europe throws Whois privacy plan in the trash | theregister.co.uk.

•  It didn't take long for the ePDP process to start going "off the rails"-- Stacking the deck? The ePDP on the Whois temp spec | internetgovernance.org. See also Proposed Temp Spec EPDP Membership Structure 27 Jun 2018 (pdf).

•  ICANN.orgICANN Temporary Specification Model Registry Registrar Agreement Amendment Terms 02 Jul 2018--rra-amendment-terms-temp-spec-02jul18-en.pdf [pdf 58.4 KB]


•  Temp Spec's Effects on Registry Agreement (RA) and Registrar Accreditation Agreement (RAA) - ICANN Org Operations and Policy Research 11 June 2018 working draft (pdf) embed below:

See also: Expressions of Interest Sought for Chair of GNSO ePDP on the Temporary Specification for gTLD Registration Data--ICANN.org.

Editor's note: follow GDPR, RDS, WHOIS & ePDP updates on the mail lists here and here and on the wiki. Also note: "development of a post mortem on the RDS PDP and the closure of that PDP. Request that Post mortem is completed by end of July so that it can be shared with the Council" --minutes of the GNSO Council meeting on Wednesday 27 June 2018.

b. ICANN's next round of new gTLDs:
Initial Report on the New gTLD Subsequent Procedures Policy Development Process (Overarching Issues & Work Tracks 1-4) } ICANN.org--comment period closes 5 Sep 2018 23:59 UTC.

c.  Issues Open For Public Comment Closing in July--issue and close date (subject to change):

3) Names, Domains & Trademarks
graphic "Names, Domains & Trademarks" ©2017 DomainMondo.com
a. Dot COM Is Still King: "Afnic has published its 2017 study on the global domain name market, based on ICANN statistics, registry figures, specialized site information and internal research ... With nearly 135 million domain names, .COM remains the "heavyweight" in legacy TLDs and saw its market share increase from 38.9% to 39.5%, ... The "Other Legacy" TLDs suffered in 2017, losing 2% in stock. Overall market growth was 1.2% in 2017, down from 7.1% in 2016 ... nTLDs came to an abrupt halt in 2018, and saw their market share decrease ... The study of the distribution of domain names at the global level clearly shows a  predominance of North America for "Legacy" TLDs with nearly 58% of the .COM namesEurope for ccTLDs (49%), and Asia-Pacific for nTLDs (51%). The domain name market in 2017 was also marked by a phenomenon of change and recomposition. The concentration of players continued at all levels while the financial situation remained tense ..."--Afnic Study: The Global Domain Name Market in 2017 (June 28, 2018) | afnic.fr (emphasis added).

b. Designer Michael Kors is seeking injunctive relief and millions in damages from 150 entities operating in South Florida selling knockoffs online. The 28-page complaint (pdf) was filed June 21, 2018, in the U.S. District Court for Florida's Southern District Miami Division, according to flarecord.com, and alleges the defendants are committing "federal trademark counterfeiting and infringement, false designation of origin, cybersquatting, common law unfair competition and common law trademark infringement."

c. Australia ccTLD .au -- point vs counterpoint -- registry service providers Afilias vs Neustar (Neustar a/k/a ausregistry and ARI Registry Services):
Afilias: ".au Completes Historic Transition to Afilias, 3.1M Domain Names Transferred to New Infrastructure"--circleid.com
vs
Neustar: "Setting the story straight: Neustar’s role in auDA’s Registry Transformation Project"--ausregistry.com.au
Meanwhile auDA's share of .au domain name fees raises eyebrows--afr.com: auDA used to take "$2.66 a year from every domain fee, with $7.70 going to Neustar. The new breakdown, auDA told us, is a staggering $6.13 to auDA per domain per annum. Which presumably gives $2.54 per annum to Afilias ..." 

d. Brexit Notice--eurid.eu:  "... On 10 April 2018 EURid, the .eu registry manager, received a communication from the European Commission stating the following:
“The revocation of existing holders’ rights and the prohibition for registrars from processing any more requests for registrations or renewals for .eu domain names whose holders are no longer eligible must be prepared so that the necessary measures are effective as from 1 January 2021 or, in case that there were no withdrawal agreement in force before 30 March 2019, as from 30 March 2019.”
"Upon request of the Commission, we drafted a high-level plan to implement the domain name revocation scenario(s). At the same time, we highlighted several pending matters that should be communicated to the registry manager before we can enforce any measure. Among them:
  • What is the earliest date on which the European Commission will be able to inform EURid of the chosen option?
  • What domain names are affected by the decision of the European Commission? For example, will there be any difference of approach where the registrant is from Great Britain, Northern Ireland, Gibraltar or other British overseas territories?
  • What will happen to domain names reserved by the UK government as listed in the Annex of EC Regulation 874/2004?
"We understand the concerns of our stakeholders about this decision. We are fully committed to share further details as soon as they become available to us and invite you to regularly visit this webpage for updates."

4) ICYMI Internet Domain News 
graphic "ICYMI Internet Domain News" ©2017 DomainMondo.com
a. Top 5 Things you should know about DNS--The Domain Name System, or DNS, could be slowing you down or even exposing you to security issues--techrepublic.com.

b. U.S.: EFF Sues to Invalidate FOSTA, an Unconstitutional Internet Censorship Law--EFF.org.

c. The great firewall of China: Xi Jinping’s internet shutdown--TheGuardian.com 29 Jun 2018--"today the country has the largest and most sophisticated online censorship operation in the world."
See also  Freedom segregated--"a proposal of the Hainan government that would enable access to overseas social media platforms that are otherwise censored in China"... "was met with firm criticism when it was released on June 21, on the provincial government website"--hongkongfp.com [Editor's note: as the news story cited indicates, the proposal to allow full access to the internet on China's island province of Hainan has been withdrawn from the website where originally published.]

d. Russian activists turn to UN Human Rights Council about Internet censure--crimerussia.com.

e. Venezuela blocks Tor browser--cnet.com

f. EU: European Parliament to review copyright rules in September--the plenary voted by 318 votes to 278, with 31 abstentions to reject the negotiating mandate, proposed by the Legal Affairs Committee on 20 June. As a result, Parliament’s position will now be up for debate, amendment, and a vote during the next plenary session, in September--europarl.europa.eu.

g. Politically Correct? What Happens When Social Media Censors the News: Facebook apologizes to a Texas newspaper after it initially flagged a post of the text of the Declaration of Independence as "hate speech"--TheHill.com.

h. App Traps: How Cheap Smartphones Siphon User Data in Developing Countries - Tension between privacy and sharing of user data stokes a debate in West, but much less so in developing economies--WSJ.com.

5) Three Most Read posts this past week on DomainMondo.com: 
graphic "Domain Mondo" ©2017 DomainMondo.com


-- John Poole, Editor, Domain Mondo 

feedback & comments via twitter @DomainMondo


DISCLAIMER

2018-04-26

Verisign $VRSN Q1 2018 Earnings LIVE Webcast April 26 Replay


$VRSN
Verisign, Inc.
Q1 2018 Verisign Earnings Conference Call April 26, 2018 at 4:30 PM EDT Listen to Webcast

VeriSign (VRSN) Q1 2018 Results - Earnings Call Transcript | SeekingAlpha.com excerpt: "At the end of March, the domain name base in .com and .net totaled 148.3 million, consisting of 133.9 million names for .com and 14.4 million names for .net ... we believe that the renewal rate for the first quarter of 2018 will be 74.9%. This preliminary rate compares to 72.5% achieved in the first quarter of 2017. We now expect full year 2018 domain name base growth of between 2.5% and 3.25%, with an increase to the domain name base for the second quarter of 2018 of between 0.7 million to 1.2 million net registrations. I also want to report that we are engaged in the dialogue with NTIA concerning the Cooperative Agreement which is ongoing, but beyond that we don't have more to say at this time ... we're engaged in ICANN's process to move the delegation forward for [new gTLD] .WEB. That's ICANN's process, so we can't say when it'll conclude. Just as a reminder to, for all of you looking at the guidance of course, while it's possible that we'll – our operation of .web will start this year. We did not include – the 2018 revenue guidance provided does not include any revenue from .web, and we'll give you more update as available, but unfortunately that's all I can give you now..."--D. James Bidzos, Verisign Chairman, President & CEO (emphasis added).

Q1 2018 Verisign Earnings Conference Call

Earnings Results (pdf): First Quarter GAAP Financial Results 
VeriSign, Inc. and subsidiaries (“Verisign”) reported revenue of $299 million for the first quarter of 2018, up 3.7% percent from the same quarter in 2017. Verisign reported net income of $134 million and diluted earnings per share (diluted “EPS”) of $1.09 for the first quarter of 2018, compared to net income of $116 million and diluted EPS of $0.94 for the same quarter in 2017. The operating margin was 62.0 percent for the first quarter of 2018 compared to 60.7 percent for the same quarter in 2017.

Financial Highlights • On Feb. 15, 2018, Verisign called for the redemption of all its outstanding subordinated convertible debentures, with a redemption date of May 1, 2018. If holders elect to convert their debentures, Verisign will settle the principal amount, up to $1.25 billion, in cash and the remaining value through the issuance of shares of Verisign’s common stock. • Verisign ended the first quarter with cash, cash equivalents and marketable securities of $2.4 billion, a decrease of $58 million from year-end 2017. • During the first quarter, Verisign repatriated $1.15 billion of cash held by foreign subsidiaries, net of foreign withholding taxes. • Cash flow from operating activities was $90 million for the first quarter of 2018, compared with $148 million for the same quarter in 2017. The first quarter 2018 amount reflects approximately $61 million in withholding taxes paid in connection with the repatriation. • Deferred revenues on March 31, 2018, totaled $1.03 billion, an increase of $27 million from year-end 2017. • During the first quarter, Verisign repurchased 1.1 million shares of its common stock for $125 million. At March 31, 2018, $938 million remained available and authorized under the current share repurchase program which has no expiration. • For purposes of calculating diluted EPS, the first quarter diluted share count included 25.6 million shares related to the subordinated convertible debentures, compared with 21.3 million shares for the same quarter in 2017. 

Business Highlights • Verisign ended the first quarter with 148.3 million .com and .net domain name registrations in the domain name base, a 3.2 percent increase from the end of the first quarter of 2017, and a net increase of 1.91 million during the first quarter of 2018. • In the first quarter, Verisign processed 9.6 million new domain name registrations for .com and .net, compared to 9.5 million for the same quarter in 2017. • The final .com and .net renewal rate for the fourth quarter of 2017 was 72.2 percent compared with 67.6 percent for the same quarter in 2016. Renewal rates are not fully measurable until 45 days after the end of the quarter.

Earnings Presentation (pdf)

10-Q (pdf)

Quarterly VRSN Convertible Debenture Dilution Q1-2018 (pdf)

Additional resources:
Related: New gTLD .WEB: Afilias vs ICANN, Verisign $VRSN & Nu Dot Co? | DomainMondo.com

2018 Annual Meeting of Stockholders of VeriSign, Inc. to be held at the corporate offices located at 12061 Bluemont Way, Reston, Virginia 20190 on Thursday, May 24, 2018, at 10:00 a.m., EDT.

Verisign to Report First Quarter 2018 Financial Results (press release):
 Press Release

feedback & comments via twitter @DomainMondo


DISCLAIMER

2017-10-26

Q3 2017 Earnings Webcasts Oct 26: $TWTR, $GOOGL, $VRSN, $AMZN

Q3 2017 Earnings Webcasts Oct 26:
This post will be updated after each release of the Q3 2017 results.

********
$GOOG shares up almost 20% YOY as of midday Oct 25, 2017
Alphabet/Google 2017 Q3 Earnings Call

Alphabet Inc. (a/k/a Google NASDAQ: GOOG  NASDAQ: GOOGL) quarterly conference call LIVE webcast (and replay) to discuss third quarter (Q3 2017) financial results on Thursday, October 26, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). Earnings release prior to the conference call on October 26, 2017, at abc.xyz/investor. See also Alphabet SEC filings.

Q3 2017 earnings release (pdf)--"We had a terrific quarter, with revenues up 24% year on year, reflecting strength across Google and Other Bets," said Ruth Porat, CFO of Alphabet. "Our momentum is a result of investments over many years in fantastic people, products and partnerships." --excerpt:

*******
$VRSN shares up almost 36% YOY as of midday Oct 25, 2017
Verisign, Inc.(NASDAQ:VRSN) Third Quarter 2017 Financial Results: Q3 2017 earnings news release will be available at approximately 4:05 p.m. (EDT) October 26, at investor.verisign.com.
"... Third Quarter GAAP Financial Results VeriSign, Inc. and subsidiaries (“Verisign”) reported revenue of $292 million for the third quarter of 2017, up 1.7 percent from the same quarter in 2016. Verisign reported net income of $115 million and diluted earnings per share (diluted “EPS”) of $0.93 for the third quarter of 2017, compared to net income of $114 million and diluted EPS of $0.90 for the same quarter in 2016. The operating margin was 61.9 percent for the third quarter of 2017 compared to 60.8 percent for the same quarter in 2016 .... Business Highlights • Verisign ended the third quarter with 145.8 million .com and .net domain name registrations in the domain name base, a 1.2 percent increase from the end of the third quarter of 2016, and a net increase of 1.47 million during the third quarter of 2017. • In the third quarter, Verisign processed 8.9 million new domain name registrations for .com and .net, compared to 8.3 million for the same quarter in 2016. • The final .com and .net renewal rate for the second quarter of 2017 was 74.0 percent compared with 73.8 percent for the same quarter in 2016. Renewal rates are not fully measurable until 45 days after the end of the quarter ..."
VeriSign's (VRSN) CEO James Bidzos on Q3 2017 Results - Earnings Call Transcript | SeekingAlpha.com: "... Gross additions [in .COM and.NET registrations] during the quarter benefited from continued strength from US based registrars. Although renewal rates are not fully measurable until 45 days after the end of the quarter, we believe that the renewal rate for the third quarter of 2017 will be 74.3%. This preliminary rate compares to 73.0% achieved in the third quarter of 2016. We expected increase to the domain name base during the fourth quarter of between 0.4 million to 0.9 million registrations, which is consistent with the full year 2017 domain name base growth rate of 2.8% to 3.1%. .... The [new gTLD .WEB] update is really the same, there's no new news, although there is activity, the process is ongoing. We are continuing to cooperate with the Justice Department regarding the CID that you asked about. There's an ongoing constructive dialogue. We're producing documents and information. But beyond that there's nothing new to say at this point. Of course, as soon as there is we'll let you know." (link added)
Verisign LIVE webcast of the Q3 2017 earnings call: Thursday, Oct. 26, 2017, at 4:30pm EDT, also accessible by direct dial at (888) 676-VRSN (U.S.) or (323) 701-0225 (international), conference ID: Verisign. Replay will be available at investor.verisign.com/events.cfm.

Verisign is the registry operator of the world's 2 largest gTLDs (generic top-level domains)--.COM and .NET--as well as other TLDs, and also provides internet security services. Verisign operates 2 (A and J) of the world's 13 internet DNS root zone authoritative name servers, and serves as root zone maintainer (RZM) pursuant to a contract with ICANN (Internet Corporation for Assigned Names and Numbers). Verisign's Security Services include Distributed Denial of Service Protection and Managed DNS. More info at Verisign.com. See also Verisign SEC filings, including VeriSign, Inc. - Quarterly Report: U.S. Securities and Exchange Commission Form 10-Q for the quarterly period ended September 30, 2017 [Legal Proceedings and Risk Factors].

*********
$AMZN shares up almost 17% YOY as of midday Oct 25, 2017
Amazon | Investor Relations: Q3 2017 Amazon.com Inc. (NASDAQ: AMZN) Earnings Conference Call:
Thursday, October 26, 2017 2:30pm PT / 5:30pm ET  LIVE Webcast Presentation

The audio and associated slides will be available for at least three months at amazon.com/ir.

Amazon Q3 2017 results (pdf) excerpt: "... Net sales increased 34% to $43.7 billion in the third quarter, compared with $32.7 billion in third quarter 2016. Net sales includes $1.3 billion from Whole Foods Market, which Amazon acquired on August 28, 2017. Excluding Whole Foods Market and the $124 million favorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 29% compared with third quarter 2016. Operating income decreased 40% to $347 million in the third quarter, compared with operating income of $575 million in third quarter 2016. Operating income includes income of $21 million from Whole Foods Market. Net income was $256 million in the third quarter, or $0.52 per diluted share, compared with net income of $252 million, or $0.52 per diluted share, in third quarter 2016." Conference Call Slides (pdf)

*********
$TWTR shares down almost 1% YOY as of midday Oct 25, 2017
Twitter, Inc. (NYSE: TWTR) conference call to discuss Q3 2017 financial results, 5:00 a.m. PT / 8:00 a.m. ET, Oct 26, 2017.
Twitter's Q3 2017 revenue of $589.6M tops estimates; MAUs grew 4% YoY to 330M, DAUs grew 14% YoY;
net loss down to $21.1M; shares rise in early trading Oct 26, 2017
To have your questions considered during the Q&A, Tweet your question to @TwitterIR using #TWTR. . Twitter has used, and intends to continue to use, its Investor Relations website and the Twitter accounts of @jack, @twitter and @TwitterIR as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. See also Twitter SEC filings and Twitter investor relations: investor.twitterinc.com.


feedback & comments via twitter @DomainMondo


DISCLAIMER

2017-08-29

Tech Revenue Per Employee: .COM Registry Operator VeriSign $VRSN #4

The Top 20 Tech Companies by Revenue Per Employee (based on S&P 500 companies listed in “Technology” category) courtesy of VisualCapitalist.com:

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
#11 Applied Materials $694,000
#12 Activision Blizzard $688,000
#13 Cisco $684,000
#14 Xilinx $640,000
#15 Yahoo! $608,000
#16 PayPal $599,000
#17 Intuit $594,000
#18 Intel $560,000
#19 KLA-Tencor $535,000
#20 AMD $521,000

ICANN has granted VeriSign a perpetual monopoly operating the .COM and .NET generic top-level domains (gTLDs). .COM is the global "gold standard" among all TLDs--as of Q1 2017, the eight largest TLDs (gTLDs & ccTLDs) per the Verisign Domain Name Industry Brief Q1 2017--

Rank--TLD--millions of registered domain names
  1. .COM 128.4 
  2. .CN (China) 21.4 
  3. .TK (Tokelau) 18.6 
  4. .DE (Germany) 16.2
  5. .NET 15.2
  6. .UK (United Kingdom) 10.6
  7. .ORG 10.4
  8. .RU (Russia) 6.4
Beginning in 2014, ICANN grossly over-expanded the number of gTLDs from 22 to more than 1200, a move that is proving to be an ill-conceived, horribly implemented, "disaster" and new gTLDs' domain name registrations are collapsing.

Although .COM domain name registrations continue to grow, .NET registrations have been declining since 2016. As of August 28, 2017, Verisign reports:

DOMAIN NAME BASE
.com 130,079,989 domain name registrations
.net 15,020,269 domain name registrations
"The domain name base is the active zone plus the number of domain names that are registered but not configured for use in the respective Top-Level Domain zone file plus the number of domain names that are in a client or server hold status."--Verisign, Inc.
ACTIVE ZONE
.com 128,542,425
.net 14,777,518

ICANN recently renewed the .NET registry agreement allowing VeriSign to increase fees 10% per annum, whereas .COM prices are restrained by virtue of Amendment 32 (pdf) to NTIA's Cooperative Agreement ($7.85 registration/renewal fee) which will expire, unless extended by NTIA, on November 30, 2018, but also further subject to the terms of an amendment (pdf) to the .COM Registry Agreement between ICANN and VeriSign.

VeriSign also provides registry services for other TLDs, internet security services, and operates 2 (A. and J.) of the internet's 13 authoritative name servers that serve the global DNS root zone.

For more information, see:

feedback & comments via twitter @DomainMondo


DISCLAIMER

2017-04-27

Q1 2017 Results & Webcasts April 27: $GOOG $GOOGL, $AMZN, $VRSN

Q1 2017 Earnings Releases and LIVE Webcasts on Thursday, April 27, 2017, by 3 outstanding tech companies: 
  • 4:30 pm EDT: Alphabet (Google) and Verisign (see below);
  • 5:30 pm EDT: Amazon.com Inc. (see below).
One-year returns of: $GOOG +23.5%; $AMZN +49.9%; $VRSN -0.64% (as of Apr 26)



Alphabet Inc. (NASDAQ: GOOG, GOOGL) will hold its quarterly conference call (video above) to discuss first quarter 2017 financial results on Thursday, April 27, at 4:30 p.m. EDT  (1:30 p.m. Pacific Time) (Eastern Time (EDT).

LIVE webcast of the earnings conference call can be accessed above and here. A replay of the webcast will be available through the same link following the conference call. Visit the Investor Relations website at abc.xyz/investor on April 27, 2017 to view the earnings release prior to the conference call. UPDATE: Alphabet (GOOG) Q1 2017 Results - Earnings Call Transcript | SeekingAlpha.com

Alphabet Announces First Quarter 2017 Results - Investor Relations - Alphabet: "Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2017. "Our excellent results represent a terrific start to 2017, with revenues up 22% versus the first quarter of 2016 and 24% on a constant currency basis. We clearly continue to benefit from our ongoing investments in product innovation and have great momentum in our new businesses across Alphabet," said Ruth Porat, CFO of Alphabet." (read more at link above)

Larry Page and Sergey Brin founded Google (principal domain: google.com) in September 1998. The company now has more than 70,000 employees worldwide, with a wide range of popular products, services, and platforms. In October 2015, Alphabet became the parent holding company of Google.


Amazon.com Inc. (NASDAQ: AMZN) will hold a conference call to discuss its first quarter 2017 financial results on April 27, 2017, at 5:30 p.m. EDT (2:30 p.m. PDT).

The event will be webcast LIVE, and the audio and associated slides will be available for at least three months thereafter at www.amazon.com/ir (investor relations)

Q1 2017 Summary: Q1 EPS of $1.48 beat analysts' estimates by $0.35. Revenue $35.7B (+22.5% Y/Y) beat by $400M. UPDATE: Amazon.com (AMZN) Q1 2017 Results - Earnings Call Transcript | SeekingAlpha.com.

Amazon - Investor Relations - Press Release: "Amazon.com Announces First Quarter Sales up 23% to $35.7 Billion--financial results for its first quarter ended March 31, 2017: Operating cash flow increased 53% to $17.6 billion for the trailing twelve months, compared with $11.6 billion for the trailing twelve months ended March 31, 2016. Free cash flow increased to $10.2 billion for the trailing twelve months, compared with $6.7 billion for the trailing twelve months ended March 31, 2016. Free cash flow less lease principal repayments increased to $6.2 billion for the trailing twelve months, compared with $3.8 billion for the trailing twelve months ended March 31, 2016. Free cash flow less finance lease principal repayments and assets acquired under capital leases increased to $3.3 billion for the trailing twelve months, compared with $1.9 billion for the trailing twelve months ended March 31, 2016. Common shares outstanding plus shares underlying stock-based awards totaled 497 million on March 31, 2017, compared with 490 million one year ago. Net sales increased 23% to $35.7 billion in the first quarter, compared with $29.1 billion in first quarter 2016. Excluding the $492 million unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 24% compared with first quarter 2016. Operating income decreased 6% to $1.0 billion in the first quarter, compared with operating income of $1.1 billion in first quarter 2016." (read more at link above)

Amazon.com, also called just "Amazon," is an American electronic commerce and cloud computing company (AWS / Amazon Web Services) founded on July 5, 1994, by Jeff Bezos and based in Seattle, Washington. See also: Amazon Form 10-K Annual Report for the fiscal year ended December 31, 2016--Jeff Bezos' Annual Letter, Still 'Day 1' excerpt below:
Amazon.com Inc.EX-99.1 | sec.gov: "... True Customer Obsession - There are many ways to center a business. You can be competitor focused, you can be product focused, you can be technology focused, you can be business model focused, and there are more. But in my view, obsessive customer focus is by far the most protective of Day 1 vitality. Why? There are many advantages to a customer-centric approach, but here’s the big one: customers are always beautifully, wonderfully dissatisfied, even when they report being happy and business is great. Even when they don’t yet know it, customers want something better, and your desire to delight customers will drive you to invent on their behalf. No customer ever asked Amazon to create the Prime membership program, but it sure turns out they wanted it, and I could give you many such examples. Staying in Day 1 requires you to experiment patiently, accept failures, plant seeds, protect saplings, and double down when you see customer delight. A customer-obsessed culture best creates the conditions where all of that can happen. Resist Proxies - As companies get larger and more complex, there’s a tendency to manage to proxies. This comes in many shapes and sizes, and it’s dangerous, subtle, and very Day 2 ..."



Verisign (NASDAQ: VRSN) Q1 2017 Earnings, LIVE Webcast April 27, 4:30pm EDT

Verisign's first quarter 2017 earnings news release will be distributed to the wire services at approximately 4:05 p.m. (EDT) April 27, 2017, and will also be available directly from the company's website at investor.verisign.com.

Listen to webcast
Summary of Q1 2017: Q1 EPS of $0.96 beat estimates by $0.02.
Revenue $288.61M (+2.4% Y/Y) beat by $3.9M
VeriSign (VRSN) Q1 2017 Results - Earnings Call Transcript | SeekingAlpha.com: "Gray W. Powell - Wells Fargo Securities LLC: Great. And then last one, if I may. Just any update on the .web antitrust investigation? D. James Bidzos - VeriSign, Inc.: No substantive update. We continue to cooperate with the Department of Justice relative to the CID that we discussed last quarter. Those interactions and dialogues have been constructive. We're producing documents and information and answering their questions as needed. So it's an ongoing process. Nothing substantive to update now. But, of course, as soon as there is, we'll share it with you."

Verisign Reports First Quarter 2017 Results (NASDAQ:VRSN): "VeriSign, Inc. and subsidiaries ("Verisign") reported revenue of $289 million for the first quarter of 2017, up 2.4 percent from the same quarter in 2016. Verisign reported net income of $116 million and diluted earnings per share (diluted "EPS") of $0.94 for the first quarter of 2017, compared to net income of $107 million and diluted EPS of $0.82 for the same quarter in 2016. The operating margin was 60.7 percent for the first quarter of 2017 compared to 59.2 percent for the same quarter in 2016 ... Verisign ended the first quarter with 143.6 million .com and .net domain name registrations in the domain name base, a 1.0 percent increase from the end of the first quarter of 2016, and a net increase of 1.4 million during the first quarter of 2017. In the first quarter, Verisign processed 9.5 million new domain name registrations for .com and .net, as compared to 10.0 million for the same quarter in 2016." (read more at the link above)

Form 10-Q / Quarterly Report  and View all SEC Filings

LIVE Webcast and teleconference info: Verisign will host a live teleconference call on April 27, 2017, at 4:30 p.m. (EDT), which will be accessible by direct dial at (888) 676-VRSN (U.S.) or (913) 312-1504 (international), conference ID: Verisign. A listen-only live webcast of the earnings conference call will also be available at https://investor.verisign.com. An audio archive of the call will be available at investor.verisign.com/events.cfm.

Verisign is a domain names registry operator and internet security services provider. Verisign ensures the security, stability and resiliency of key internet infrastructure and services, and two of the internet's 13 root servers, and performs the root zone maintainer function for the core of the internet's Domain Name System (DNS) pursuant to an agreement with ICANN. Verisign's Security Services include intelligence-driven Distributed Denial of Service Protection and Managed DNS.

Verisign is the exclusive (monopoly) registry operator of the .COM and .NET TLDs (top-level domains), for which it collects annual registration fees for each of the 143+ million .com and .net registered domain names. "Margin on this recurring revenue is extraordinarily high and minimal need for cash in the business. Bought back stock aggressively in the last ten years (diluted shares shrunk from around 250 million to 125 million)"--Verisign | investoralmanac.com. Warren Buffett's Berkshire Hathaway is the second-largest institutional owner of Verisign shares.

See also: VeriSign Stock Repurchase Capacity | SeekingAlpha.com"... The company's stock buybacks should retire 25-28% of the shares outstanding in the next 5 years.With the buybacks and slow growth, investors should be rewarded generously over the next few years compared to the overall market ..."



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2017-02-09

Verisign $VRSN Q4 2016 Earnings LIVE Webcast Feb 9, 4:30pm ET

 $VRSN UP 13.70% Feb 9, 2016 - Feb 8, 2017
 $VRSN UP 13.70% Feb 9, 2016 - Feb 8, 2017
VeriSign, Inc. (NASDAQ: VRSN | verisign.com), earnings call for the fourth quarter and full year 2016: Thursday, Feb. 9, 2017, at 4:30 p.m. ET (US): Listen to LIVE webcast.

The call will also be accessible by direct dial at (888) 676-VRSN (U.S.) or (913) 312-0944 (international), conference ID: Verisign. An audio archive of the call will be available at https://investor.verisign.com/events.cfm.

Q4 2016 Results  (pdf)(press release):  Q4 EPS of $0.92 beat estimates by $0.04. Revenue of $286.27 million (+5.0% Y/Y) beat estimates by $3.3 million (investor.verisign.com).

Financial Highlights
  • Verisign ended 2016 with cash, cash equivalents and marketable securities of $1.8 billion, a decrease of $118 million from year-end 2015.
  • Cash flow from operations was $195 million for the fourth quarter of 2016 and $668 million for the full year 2016 compared with $189 million for the same quarter in 2015 and $651 million for the full year 2015.
  • Deferred revenues on Dec. 31, 2016, totaled $976 million, an increase of $14 million from year-end 2015.
  • During the fourth quarter, Verisign repurchased 2.0 million shares of its common stock for $160 million. During the full year 2016, Verisignrepurchased 7.8 million shares of its common stock for $637 million.
  • Effective Feb. 9, 2017, the Board of Directors approved an additional authorization for share repurchases of approximately $641 million of common stock, which brings the total amount to $1 billion authorized and available under Verisign's share repurchase program, which has no expiration.
  • For purposes of calculating diluted EPS, the fourth quarter diluted share count included 20.6 million shares related to subordinated convertible debentures, compared with 21.4 million shares for the same quarter in 2015. These represent diluted shares and not shares that have been issued.
Business Highlights
  • Verisign ended the fourth quarter with 142.2 million .com and .net domain name registrations in the domain name base, a 1.7 percent increase from the end of the fourth quarter of 2015, and a net decrease of 1.9 million during the fourth quarter of 2016.
  • In the fourth quarter, Verisign processed 8.8 million new domain name registrations for .com and .net, as compared to 12.2 million for the same quarter in 2015.
  • The final .com and .net renewal rate for the third quarter of 2016 was 73.0 percent compared with 71.9 percent for the same quarter in 2015. Renewal rates are not fully measurable until 45 days after the end of the quarter.
Notes:
"... as it relates to our becoming the registry operator for .web, on January 18, 2017, the company received a Civil Investigative Demand from the Antitrust Division of the U.S. Department of Justice, requesting certain information related to VeriSign's potential operations of the .web TLD. The CID is not directed at VeriSign's existing registry agreements. As we said at the time of the auction last July, we strongly believe VeriSign is well-positioned to grow and widely distribute .web to provide an additional option to the marketplace, given our proven track record of reliability and stability, and we look forward to explaining our views as we respond to the CID and continue to cooperate with the DOJ."--D. James Bidzos, Verisign President, Chief Executive Officer and Executive Chairman of the Board
Earnings Presentation (pdf):

Verisign is the registry operator of the market dominant .COM generic top-level domain (gTLD) as well as gTLD .NET, and provider of other TLD registry services, internet Root Zone Maintainer pursuant to a contract with ICANN, and operates two (A and J) of the internet's 13 authoritative DNS root zone servers, as well as providing internet security services.

See also:
Also note that Verisign Inc, lost an appeal to the 4th U.S. Circuit Court of Appeals on Wednesday (Feb 8, 2017), of a case it brought against new gTLD registry operator XYZ.com LLC and its CEO Daniel Negari (see embed below, highlighting added), the Fourth Circuit affirming the District Court's dismissal of Verisign's claims:




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