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.
If you're looking for an investor to emulate, you could do a lot worse than Warren Buffett. The Berkshire Hathaway (BRK.A -6.74%) (BRK.B -6.89%) CEO has produced incredible returns for anyone who's stuck by his side throughout his career.
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.
It's been a tough past month or so for the market. While some stocks are finally hinting at a rebound effort, most tickers are still well below their February peaks.
Warren Buffett has been a huge net seller of stocks over the past year. But the fact that he is selling a lot of stock doesn't mean he and his investing team aren't buying any stocks.
Internet domain registration specialist VeriSign (VRSN 0.22%) has been quite the sprightly stock since Warren Buffett's Berkshire Hathaway added to its existing stake recently.