Verisign has nearly 70% operating margin

Digital Pandit

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Results continue to tick upward as company pushes for price increases.

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It’s good to be the king.

.Com registry Verisign (NASDAQ: VRSN) reported first quarter earnings yesterday afternoon.

It generated $306 million revenue for the quarter and a 69.4% non-GAAP operating margin. The business created $187 million in operating cash flow.

People registered 9.8 million .com and .net domain names in the first quarter of the year, resulting in net growth of 1.82 million in the domain base for these two top level domain names.

Source
 

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