Internet services company VeriSign reported an over 7% rise in third-quarter revenue on Thursday, driven by steady demand for domain registrations as businesses build their online presence.
VRSN is a wide-moat compounder with legal monopoly on .com/.net, strong pricing power, and consistent capital returns, making it a high-conviction long-term play. Recent share price drop is sentiment-driven due to Berkshire's trim, not fundamentals; current valuation bakes in overly bearish assumptions, creating a compelling entry point. Growth prospects are robust: .com domain growth is rebounding, new marketing initiatives are working, and potential .web acquisition could further boost topline.
Until this year, Verisign's (VRSN) previous all-time high was from 2000. Now, the legacy tech company recently broke that metric and climbed higher off the back of its latest earnings.
| - Industry | - Sector | D. James Bidzos CEO | XMEX Exchange | US92343E1029 ISIN |
| US Country | 929 Employees | 18 Nov 2025 Last Dividend | 7 Dec 1999 Last Split | 29 Jan 1998 IPO Date |
VeriSign, Inc., founded in 1995 and headquartered in Reston, Virginia, operates as a global provider of domain name registry services and internet infrastructure. Spanning its services worldwide, the company plays a crucial role in ensuring the security, stability, and resiliency of the internet's underlying infrastructure. With a focus on enabling seamless internet navigation, VeriSign manages indispensable components of the digital era's backbone, making it a pivotal entity in the realm of global e-commerce and online communication.
VeriSign's portfolio comprises a range of products and services designed to enhance the functionality and security of the internet. These include: