Verisign Q3 report: 145.8 million .com & .net domain names (up 1.47 million)

[domainking131]

VeriSign, Inc. reported financial results for the third quarter of 2017.

Business Highlights

• Verisign ended the third quarter with 145.8 million .com and .netdomain name registrations in the domain name base, a 1.2 percent increase from the end of the third quarter of 2016, and a net increase of 1.47 million during the third quarter of 2017.
• In the third quarter, Verisign processed 8.9 million new domain name registrations for .com and .net, compared to 8.3 million for the same quarter in 2016.
• The final .com and .net renewal rate for the second quarter of 2017 was 74.0 percent compared with 73.8 percent for the same quarter in 2016. Renewal rates are not fully measurable until 45 days after the end of the quarter.

Complete report here

 

[dibon]

I actually read somewhere that Verisign made $292 million in Q3 so I am not sure what the accurate figure is. All the same, those are quite some impressive results that will interest any serious investors.