Verisign Q2 Revenue Beats, Raises Full-Year Outlook on Domain Growth
VRSN sits 23% above its 52-week low of $208.86.
Summary
Verisign posted Q2 revenue of $434.6M, edging past the $433.2M consensus, while EPS climbed to $2.38 from $2.21 a year ago. The beat was driven by a 5.1% jump in .com and .net registrations and 12.7M new names added—up sharply from 10.4M last year. Renewal rates also ticked higher to 76.3%. Management raised full-year 2026 guidance and plans to roll out .web domains through its registrar channel later this year. This follows the $884M buyback expansion announced earlier today, bringing the total repurchase authorization to $1.5B. The combination of accelerating domain growth, raised guidance, and aggressive capital return strengthens the bull case.
At the time of this announcement, VRSN was trading at $256.00 on NASDAQ in the Technology sector, with a market capitalization of approximately $23.8B. The 52-week trading range was $208.86 to $312.48. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.