© Reuters. VeriSign misses out on earnings, revenue exceeds second quarter
Investing.com – VeriSign (NASDAQ 🙂 reported the second quarter on Thursday, which missed analysts’ forecasts and sales exceeded expectations.
VeriSign announced earnings per share of $ 1.31 on sales of $ 329.4 million. Analysts polled by Investing.com expected earnings per share of $ 1.36 on revenue of $ 327.97 million.
VeriSign stock is up 7% year-to-date, still 0.27% from its 52-week high of $ 234.12 on July 8.
VeriSign follows the earnings of other major technology sectors this month
The VeriSign report follows a result that Taiwan Semiconductor missed July 15 that showed earnings per share of $ 0.929 on revenue of $ 13.35 billion, compared with earnings per share of $ 0.9296 on sales of $ 13.23 billion.
Intel had exceeded expectations on Thursday with earnings per share of $ 1.28 on revenue of $ 18.53 billion, compared to a forecast of $ 1.07 on revenue of $ 17.8 billion.
Stay up to date on all upcoming earnings reports by visiting Investing.com’s Earnings Calendar
Disclaimer: Fusion Media would like to remind you that the data contained on this website is not necessarily real time or accurate. All CFDs (stocks, indices, futures) and forex prices are not provided by exchanges, but by market makers. Therefore, prices may not be accurate and may differ from the actual market price, meaning that prices are indicative and not suitable for trading purposes. Therefore, Fusion Media is not responsible for any trading losses you may incur as a result of using this data.
Fusion Media or any other person involved in Fusion Media assumes no liability for any loss or damage that may arise from reliance on the information contained on this website, including data, prices, charts and buy / sell signals. Please inform yourself comprehensively about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment.