VeriSign Earnings miss, Revenue beats In Q1



© Reuters. VeriSign Earnings miss, Revenue beats In Q1

Investing.com – VeriSign reported on Thursday first quarter that missed analysts’ forecasts and revenue that topped expectations.

VeriSign announced earnings per share of $1.33 on revenue of $323.6M. Analysts polled by Investing.com anticipated EPS of $1.34 on revenue of $322M.

VeriSign shares are down 1% from the beginning of the year and are trading at $212.46 , down-from-52-week-high.They are under-performing the Nasdaq which is up 7.22% from the start of the year.

VeriSign follows other major Technology sector earnings this month

VeriSign’s report follows an earnings beat by Taiwan Semiconductor on April 15, who reported EPS of $0.9497 on revenue of $12.77B, compared to forecasts EPS of $0.9247 on revenue of $12.78B.

Intel had beat expectations on Thursday with first quarter EPS of $1.39 on revenue of $19.67B, compared to forecast for EPS of $1.14 on revenue of $17.78B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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