Thu, Apr 24, 8:40 PM (28 days ago)
**Verisign, Inc. (VRSN) Q1 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** $402.3 million, up 5% YoY. - **Operating Income:** $271.2 million, up 5% YoY. - **Net Income:** $199.3 million, up 2.7% YoY. - **Earnings per Share (EPS):** $2.11 basic, $2.10 diluted. - **Profit Margins:** Operating margin at 67.4%, net margin at 49.5%. - **Cash Flow:** Operating cash flow at $291.3 million, up 13.2% YoY. **Key Metrics:** - **Domain Registrations:** 169.8 million .com and .net registrations, down 1.5% YoY. - **New Registrations:** 10.1 million new .com and .net registrations, up 6.3% YoY. - **Renewal Rate:** 74.0% for Q4 2024, up from 73.2% in Q4 2023. **Financial Moves:** - **Share Repurchases:** $229.9 million spent on repurchasing 1.0 million shares. - **Debt Issuance:** Issued $500.0 million in 5.25% senior notes due 2032. - **Dividend:** Declared a cash dividend of $0.77 per share. **Trends and Uncertainties:** - **Revenue Growth:** Driven by price increases and higher renewals, offset by a decline in the domain name base. - **Geographic Performance:** U.S. and EMEA regions showed growth, while APAC saw a slight decline. - **Market Risks:** Cybersecurity threats, regulatory changes, and economic conditions pose risks. - **Future Operations:** Focus on maintaining domain name base, expanding services, and managing costs. **Impact on Future Operations:** - **Price Increases:** Potential price increases for .com and .net registrations could impact demand. - **Competition:** Pressure from ccTLDs, other gTLDs, and alternative online presence services. - **Economic Factors:** Global economic conditions and regulatory changes could affect demand and operations.