Last €46.37 EUR
Change Today +3.23 / 7.49%
Volume 0.0
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As of 11:04 AM 10/24/14 All times are local (Market data is delayed by at least 15 minutes).

verisign inc (VRS) Snapshot

Open
€44.61
Previous Close
€43.14
Day High
€46.58
Day Low
€43.73
52 Week High
01/16/14 - €47.02
52 Week Low
04/29/14 - €33.32
Market Cap
5.6B
Average Volume 10 Days
105.8
EPS TTM
--
Shares Outstanding
121.1M
EX-Date
05/5/11
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for VERISIGN INC (VRS)

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verisign inc (VRS) Details

VeriSign, Inc. provides Internet infrastructure services to various networks worldwide. The company offers domain name registry services that operate the authoritative directory of .com, .net, .cc, .tv, and .name domains, as well as the back-end systems for various.gov, .jobs, and .edu domains. Its registry services allow individuals and organizations to establish their online identities. The company also provides network intelligence and availability services that provide infrastructure assurance to organizations comprising distributed denial of services, protection services, Verisign iDefense security intelligence services, and managed domain name systems. VeriSign, Inc. was founded in 1995 and is headquartered in Reston, Virginia.

1,092 Employees
Last Reported Date: 07/24/14
Founded in 1995

verisign inc (VRS) Top Compensated Officers

Founder, Executive Chairman, Chief Executive ...
Total Annual Compensation: $752.9K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $406.2K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $409.6K
Senior Vice President of Naming Services
Total Annual Compensation: $326.8K
Vice President and Controller
Total Annual Compensation: $336.6K
Compensation as of Fiscal Year 2013.

verisign inc (VRS) Key Developments

VeriSign, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Revised Earnings Guidance for the Full Year 2014

VeriSign, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenues of $255.02 million against $243.68 million a year ago. Operating income was $139.5 million against $132.71 million a year ago. Income before income taxes was $111.49 million against $107 million a year ago. Net income was $95.19 million against $80.9 million a year ago. Diluted earnings per share were $0.69 against $0.53 a year ago. Non-GAAP operating income was $154.42 million against $143.29 million a year ago. Non-GAAP net income was $96.66 million against $90.02 million a year ago. Non-GAAP diluted earnings per share were $0.70 against $0.59 a year ago. Adjusted EBITDA was $170.442 million against $159.095 million a year ago. Cash flow from operations was $168 million for the third quarter compared with $134 million for the same quarter in 2013. Capital expenditures were $11.3 million in the third quarter of 2014. Third quarter free cash flow was $150 million. For the nine months, the company reported revenues of $754.2 million against $719.46 million a year ago. Operating income was $422.21 million against $398.06 million a year ago. Income before income taxes was $362.83 million against $340.33 million a year ago. Net income was $289.8 million against $252.3 million a year ago. Diluted earnings per share were $2.03 against $1.60 a year ago. Net cash provided by operating activities was $430.476 million against $431.957 million a year ago. Purchases of property and equipment were $30.058 million against $50.201 million a year ago. Non-GAAP operating income was $456.49 million against $425.06 million a year ago. Non-GAAP net income was $287.59 million against $276.03 million a year ago. Non-GAAP diluted earnings per share were $2.02 against $1.75 a year ago. In 2014, the company still expects to pay cash taxes of approximately $35 million to $45 million, which primarily relates to international taxes including the $28 million in foreign withholding tax on the repatriation completed during the second quarter. The 2014 full year guidance includes updates to revenue, non-GAAP operating margin and capital expenditure projections. Revenue for 2014 is now expected to be in the range of $1,006,000,000 to $1,011,000,000, representing an annual growth rate of approximately 4.5%. This is a change from the $1,003,000,000 to $1,012,000,000 given on last earnings call. Non-GAAP gross margin is still expected to be at least 80%. Full year 2014 non-GAAP operating margin is now expected to be between 60% and 61%, changed from the 59% to 61% range and gave during last call. Non-GAAP interest expense and non-GAAP non-operating income net is still expected to be an expense of between $76 million and $80 million for 2014 and includes the contingent interest expense accrual on convertible debentures. Capital expenditures for the year are now expected to be between $45 million and $55 million. This is a change from the $50 million to $60 million range given on last call. The guidance is based on expectations about the outlook of business in addition to financial projections for interest income and expense.

VeriSign, Inc. to Report Q3, 2014 Results on Oct 23, 2014

VeriSign, Inc. announced that they will report Q3, 2014 results at 4:30 PM, Eastern Daylight on Oct 23, 2014

VeriSign, Inc., Q3 2014 Earnings Call, Oct 23, 2014

VeriSign, Inc., Q3 2014 Earnings Call, Oct 23, 2014

 

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Industry Analysis

VRS

Industry Average

Valuation VRS Industry Range
Price/Earnings 14.7x
Price/Sales 7.4x
Price/Book NM Not Meaningful
Price/Cash Flow 12.4x
TEV/Sales 4.2x
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