OverviewSuggest Edit

VeriSign is a company that provides domain name registry services and Internet security. The Company operates through registry services and security services segment. Registry services ensure the security, stability, and resiliency of internet infrastructure and services.

TypePublic
Founded1995
HQReston, US
Websiteverisign.com

Latest Updates

Employees (est.) (Dec 2019)872
Job Openings22
Revenue (FY, 2019)$1.2 B(+2%)
Share Price (May 2020)$213.7 (+2%)

Key People/Management at VeriSign

James Bidzos

James Bidzos

Chief Executive Officer and Chairman of the Board
Ari Buchalter

Ari Buchalter

Director
Kathleen A. Cote

Kathleen A. Cote

Director
Thomas Indelicarto

Thomas Indelicarto

Executive Vice President, General Counsel and Secretary
Jamie S. Gorelick

Jamie S. Gorelick

Director
Pat Kane

Pat Kane

Senior Vice President, Naming and Directory Services
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VeriSign Office Locations

VeriSign has offices in Reston, Melbourne, Gurugram and Villars-sur-Glâne
Reston, US (HQ)
12061 Bluemont Way
Melbourne, AU
10 5 Queens Rd
Gurugram, IN
807-A, Park Centra NH-8, Sector 30
Villars-sur-Glâne, CH
Route du Petit-Moncor 1E/2nd Floor
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VeriSign Financials and Metrics

VeriSign Revenue

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VeriSign's revenue was reported to be $1.23 b in FY, 2019
USD

Revenue (Q1, 2020)

312.5m

Gross profit (Q1, 2020)

267.0m

Gross profit margin (Q1, 2020), %

85.4%

Net income (Q1, 2020)

334.1m

EBIT (Q1, 2020)

206.3m

Market capitalization (22-May-2020)

24.7b

Closing stock price (22-May-2020)

213.7

Cash (31-Mar-2020)

498.7m
VeriSign's current market capitalization is $24.7 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.1b1.2b1.2b1.2b

Revenue growth, %

8%2%4%

Cost of goods sold

198.2m193.3m192.1m180.5m

Gross profit

943.9m971.8m1.0b1.1b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

281.9m286.5m287.6m288.6m288.6m292.4m299.3m601.7m305.8m306.4m306.3m308.4m312.5m

Cost of goods sold

50.6m48.8m49.8m50.7m47.6m47.3m48.2m95.5m48.2m45.5m44.1m44.4m45.6m

Gross profit

231.3m237.7m237.7m237.9m240.9m245.1m251.1m506.2m257.5m260.9m262.2m264.0m267.0m

Gross profit Margin, %

82%83%83%82%83%84%84%84%84%85%86%86%85%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

231.9m465.9m357.4m508.2m

Accounts Receivable

13.1m

Prepaid Expenses

60.5m

Current Assets

1.8b2.4b1.3b1.3b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

234.0m171.0m177.8m454.6m242.4m286.8m1.7b256.4m231.6m779.6m751.6m109.3m498.7m

Accounts Receivable

16.2m15.1m15.8m

Prepaid Expenses

70.4m68.1m

Current Assets

1.9b1.9b1.8b1.8b1.8b2.4b2.4b1.2b1.2b1.3b1.3b1.3b1.2b
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

440.6m457.2m582.5m612.3m

Depreciation and Amortization

49.9m48.4m46.3m

Inventories

Accounts Payable

15.5m(2.1m)(24.0k)
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

107.5m113.2m114.4m116.4m239.5m354.4m134.3m262.6m400.3m162.5m310.1m464.0m334.1m

Depreciation and Amortization

25.2m37.7m12.1m24.2m36.5m11.6m22.9m34.3m11.2m

Accounts Payable

(30.6m)(9.5m)(36.3m)(20.9m)(29.5m)(31.6m)(39.4m)(7.1m)(27.4m)

Cash From Operating Activities

328.9m503.6m90.0m291.8m479.3m187.3m352.2m560.3m180.1m
USDY, 2020

Financial Leverage

-1.2 x
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VeriSign Operating Metrics

VeriSign's Daily Transactions was reported to be 143 b in FY, 2016.
FY, 2014FY, 2015FY, 2016

Daily Transactions

110 b120 b143 b
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VeriSign Revenue Breakdown

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VeriSign revenue breakdown by geographic segment: 59.6% from US, 18.1% from EMEA, 9.1% from China and 13.1% from Other

VeriSign Online and Social Media Presence

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VeriSign News and Updates

Verisign Q2 Earnings Preview: Can Growth In Domain Name Registrations Continue To Surprise?

Verisign reports its Q2 results on July 25. In Q1, the company beat consensus expectations on revenue and EPS. In Q2, we will be looking out for performance on domain unit growth, pricing strength and the outlook for the rest of the year. Trefis estimates Verisign’s valuation to be $172 per share.

Fortinet Runs Up, Verisign Is Top Quant's Next Pick

During last quarter's downturn, my top quant manager advised us to invest in stocks that can do well even in a down market. Fortinet, perhaps Wayne Himelsein's most confident recommendation, has been running up faster than even this strong market. Verisign is his next pick.

Internet has Grown to 342.4 Million Domain Name Registrations in Q3 of 2018: Verisign

/ -- Verisign, Inc. (NASDAQ: VRSN), a global leader in domain names and internet security, notifies that approximately 2.6 million domain name registrations were added to the internet in the Q3 of 2018, bringing the total number of domain name registrations to approximately 342.4 million across all…

In Depth Study on Domain Name System (DNS) Firewall Market 2018: By Growth Factor, Trends and Top Key Players like Cisco Systems, Inc., Infoblox, VeriSign during Forecast to 2023

Domain Name System (DNS) is the main pathway. Majority of malware uses DNS to redirect traffic to malicious sites and communicate with command and control servers. DNS Firewall can be used to prevent elusive malware threats and gain preemptive network protection against fast-evolving threats that ex…

Managed DNS Services 2018 Global Market Key Players – AWS, VeriSign, Oracle, Microsoft, Google, Alibaba Cloud, CloudFlare – Analysis and Forecast to 2023

WiseGuyRerports.com Presents “Global Managed DNS Services Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday

DDoS Protection and Mitigation Market 2022 With Top Key Players - Imperva,F5 Networks, Arbor, Nexusguard, Verisign, Neustar, Nsfocus, Akamai, DOSarrest, Radware, CloudFlare, Corero Network Security, Inc.

Worldwide Market Reports has announced the addition of the “Global DDoS Protection and Mitigation Market Size Status and Forecast 2022”, The report classifies the global DDoS Protection and Mitigation Market in a precise manner to offer detailed insights about the aspects responsible for augmenting …
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VeriSign Frequently Asked Questions

  • When was VeriSign founded?

    VeriSign was founded in 1995.

  • Who are VeriSign key executives?

    VeriSign's key executives are James Bidzos, Ari Buchalter and Kathleen A. Cote.

  • How many employees does VeriSign have?

    VeriSign has 872 employees.

  • What is VeriSign revenue?

    Latest VeriSign annual revenue is $1.2 b.

  • What is VeriSign revenue per employee?

    Latest VeriSign revenue per employee is $1.4 m.

  • Who are VeriSign competitors?

    Competitors of VeriSign include Virpus, IT Itch and CloudFlare.

  • Where is VeriSign headquarters?

    VeriSign headquarters is located at 12061 Bluemont Way, Reston.

  • Where are VeriSign offices?

    VeriSign has offices in Reston, Melbourne, Gurugram and Villars-sur-Glâne.

  • How many offices does VeriSign have?

    VeriSign has 5 offices.