What To Expect From Verisign’s Q4 Earnings

by Trefis Team
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Verisign (NASDAQ:VRSN) had a decent first three quarters of 2017, with revenue of over $870 million in the first three quarters, an increase of nearly 2% year-on-year, primarily due to an increase in revenues from the operation of the registries for the .com and .net TLDs. This was driven by a 1% increase in the domain name base for .com, as well as an increase in .net domain name registration fees. We expect the company to report another strong set of quarterly results on February 8. We have also created an interactive dashboard where you can change the company’s expected revenue, margins, and other key drivers to gauge how they would impact expected earnings for the year.

In the first three quarters of 2017, domain name registrations for .com and .net together grew 1% year over year to around 146 million. VeriSign processed 27.6 million new domain name registrations for .com and .net, an increase the year-ago period driven by the internet adoption rate, economic activity globally, e-commerce activity, and registrar go-to-market strategies. The company holds a prime position in the highly regulated .com and .net domain industry. We expect the renewal of the .com contract and price hikes for .com and .net domain names will continue to push the top line going forward. Additionally, VeriSign has the potential to greatly benefit from the significant growth opportunities in the Distributed Denial of Service (DDoS) security market.

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