- VeriSign Press Release (NASDAQ:VRSN): Q1 GAAP EPS of $1.92 exceeds by $0.06.
- Revenue of $384 million (+5.4% YoY) exceeds 2.15 million dollars.
- Verisign ended the first quarter of 2024 with cash, cash equivalents and marketable securities of $925 million, a decrease of $2 million from the end of the year. 2023.
- Cash flow from operations was $257 million for the first quarter of 2024, compared to $259 million for the same quarter of 2023.
- Deferred revenue as of March 31, 2024 was $1.28 billion, an increase of $39 million from year-end 2023.
- During the first quarter of 2024, Verisign repurchased 1.3 million shares of common stock for a total cost of $260 million. As of March 31, 2024, $860 million remained for future share repurchases under the share repurchase program, which has no expiration.