VeriSign Posts Strong Gains in Q4, 2012 (VRSN)

VeriSign Posts Strong Gains in Q4, 2012

VeriSign (NASDAQ: VRSN ) reported Q4 and 2012 results yesterday. For the quarter, the company posted revenue of $230 million and net income of $106 million ($0.65 per diluted share) according to GAAP standards. The top line improved 13% on a year-over-year basis. The latter was nearly double the level of Q4 2011, but it includes special items that added around $15 million.

The average analyst expectation for this most recent quarter was for $229 million in revenue and EPS of $0.51.

For the full year, the company's revenue totaled $874 million, also 13% higher than in the preceding period. Net income was $320 million (diluted EPS of $1.95), up sharply from 2011's $143 million ($0.86).

link

Jeff Fischer and team have demystified options. And they can rack up income like $1,030... $2,626... and $3,228 on a schedule you can set your watch by!
That's why we're glad to announce every single one of their closely guarded strategies is available to YOU during May and June – 100% FREE, no strings attached! Just enter your email address in the box below...

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment icon found on every comment.