VeriSign Earnings Miss, Revenue Beats In Q1

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VeriSign announced earnings per share of $1.33 on revenue of $323.6M. Analysts polled by Investing.com anticipated EPS of $1.34 on revenue of $322M.

VeriSign shares are down 1% from the beginning of the year, still down 3.99% from its 52 week high of $221.30 set on June 2, 2020. They are under-performing the Nasdaq which is up 7.22% from the start of the year.

VeriSign’s report follows an earnings beat by Taiwan Semiconductor on April 15, who reported EPS of $0.9497 on revenue of $12.77B, compared to forecasts EPS of $0.9247 on revenue of $12.78B.

Intel had beat expectations on Thursday with first quarter EPS of $1.39 on revenue of $19.67B, compared to forecast for EPS of $1.14 on revenue of $17.78B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar