Internet services company VeriSign posted second-quarter profit above Wall Street estimates on Thursday, helped by stable demand for domain name registrations as businesses bolster their digital footprints.
VeriSign (NASDAQ:VRSN) is set to announce its earnings on Thursday, July 24, 2025. Over the last five years, VRSN stock has displayed an equal division in one-day returns following earnings announcements.
As stocks get more expensive, speculation of a future stock split grows. Stock splits make it easier for investors to buy a larger quantity of shares, but more importantly, they lower the price of options contracts.
VeriSign (VRSN 8.79%) shares took off Friday morning after the company released first-quarter earnings and declared a dividend for the first time. Its solid results also allowed the company to raise revenue guidance for the full year.
VeriSign, Inc. (NASDAQ:VRSN ) Q1 2025 Earnings Conference Call April 24, 2025 4:30 PM ET Company Participants David Atchley - VP, IR & Corporate Treasurer James Bidzos - Executive Chairman, President & CEO George Kilguss - EVP & CFO John Calys - SVP, Global Controller and Chief Accounting Officer Conference Call Participants Ygal Arounian - Citi Rob Oliver - Baird Operator Good day, everyone. Welcome to VeriSign's First Quarter 2025 Earnings Call.
Warren Buffett's Berkshire Hathaway has long held a position in VeriSign (VRSN 1.05%). The company first began acquiring shares in 2012.
VeriSign's capital allocation has been outstanding by accelerating buybacks during times of lower valuation. The decrease in the domain base, driven by U.S. and China-based registrars, will slow down after the worst year in VeriSign's history. VeriSign has one of the most defensive and predictable business models, and Berkshire Hathaway has recently increased its stake.
VeriSign, Inc. is expected to report Q1 '25 earnings with $2.10 EPS on $400.44M revenue, reflecting modest growth but likely to beat estimates. Key focus areas include revenue growth acceleration, domain renewal rates, and total domain registrations, with no price hikes expected until post-2026. Economic uncertainty and potential recession could impact demand for new domain registrations, but VeriSign's digital service model offers some protection.
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Warren Buffett's VeriSign buy has been leaving the S&P 500 in the dust. The internet firm that Elizabeth Warren referred to as a “monopoly” has a wide moat and the resilience to ride out a tariff-filled year.
VeriSign's (VRSN -1.00%) stock rallied more than 30% over the past 12 months, even as fears of rising tariffs, sticky inflation, and elevated interest rates rattled the markets. During that same period, the S&P 500 only advanced 6%.
VeriSign (VRSN 2.75%) has defied the recent stock market sell-off, with shares rising 19% year to date.