© Reuters. VeriSign Earnings Miss, Revenue Beats In Q1
Investing.com – VeriSign (NASDAQ:) reported on Thursday first quarter that missed analysts’ forecasts and revenue that topped expectations.
VeriSign announced earnings per share of $1.43 on revenue of $346.9M. Analysts polled by Investing.com anticipated EPS of $1.53 on revenue of $342.99M.
VeriSign shares are down 9% from the beginning of the year, still down 18.91% from its 52 week high of $257.03 set on December 30, 2021. They are outperforming the Nasdaq which is down 17.73% from the start of the year.
VeriSign follows other major Information Technology sector earnings this month
VeriSign’s report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $2.22 on revenue of $49.36B, compared to forecasts EPS of $2.19 on revenue of $49.01B.
Taiwan Semiconductor had beat expectations on April 14 with first quarter EPS of $1.35 on revenue of $16.94B, compared to forecast for EPS of $1.27 on revenue of $16.73B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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