VeriSign is a key player in the management of .com and .net domain names, processing over 132 billion DNS queries per day
VeriSign has a near-monopoly position in the management of .com and .net domains (146.4 million registered addresses)
Domain renewal rates have increased to 75.5%
EPS was $2.21 in the last quarter, compared to the forecast of $2.20
Revenue has been growing steadily: in the last quarter it reached $410 million, which is 5.9% higher compared to the same period last year
🐻The recent sale of 4.3 million shares of Berkshire Hathaway caused a short-term correction, but it was due more to regulatory reasons (share decline below 10%) than fundamental problems
The board of directors approved a significant share buyback program
The correction is over.
The stock has left the channel upwards.⚡️
We are waiting for a test of the open gap level from above🚀
VeriSign has a near-monopoly position in the management of .com and .net domains (146.4 million registered addresses)
Domain renewal rates have increased to 75.5%
EPS was $2.21 in the last quarter, compared to the forecast of $2.20
Revenue has been growing steadily: in the last quarter it reached $410 million, which is 5.9% higher compared to the same period last year
🐻The recent sale of 4.3 million shares of Berkshire Hathaway caused a short-term correction, but it was due more to regulatory reasons (share decline below 10%) than fundamental problems
The board of directors approved a significant share buyback program
The correction is over.
The stock has left the channel upwards.⚡️
We are waiting for a test of the open gap level from above🚀
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.