VeriSign Earnings Miss, Income Beats In Q2 By


© Reuters. VeriSign misses out on earnings, revenue exceeds second quarter – 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 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.

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