Verisign Inc. (VRSN)
VeriSign, Inc. (VRSN) Q4 2024 Earnings Call Transcript
VeriSign, Inc. (NASDAQ:VRSN ) Q4 2024 Results Conference Call February 6, 2025 4:30 PM ET Company Participants David Atchley - VP of IR and Corporate Treasurer Jim Bidzos - Executive Chairman, President and CEO George Kilguss - EVP and CFO Conference Call Participants Rob Oliver - Baird Ygal Arounian - Citi Operator Good day, everyone. Welcome to VeriSign's Fourth Quarter and Full Year 2024 Earnings Call.
Verisign's fourth-quarter revenue rises 4% on steady demand for new domain names
Internet services company VeriSign reported a 3.9% rise in fourth-quarter revenue on Thursday, fueled by steady demand for domain registrations as businesses amplify their online presence, sending its shares 1% higher in extended trading.
VeriSign Earnings Decline For The First Time Since 2021
VeriSign earnings met views as new domain name registraions rose. VeriSign stock, a Warren Buffett holding, fell in late trading.
Warren Buffett Just Added $94 Million to This Long-Time Holding That's Up More Than 325% Since He First Bought Shares
Warren Buffett hasn't seen a lot to like in the stock market for some time now. The Berkshire Hathaway CEO has sold more equities from the conglomerate's investment portfolio than he's added to it in each of the last eight quarters.
Warren Buffett Bets on the Digital Economy With New VeriSign Buy
Warren Buffett is known for advising investors to stay within their circle of competence, which means not buying or even considering businesses or industries that the investor cannot understand. He has also said that he missed out on many big opportunities in the technology sector because he didn't truly understand the industry dynamics.
While Investors Were on the Sidelines at the End of 2024, Warren Buffett Piled Into a Classic Internet Stock That's Up More Than 3,000% Since Its IPO
During the last few weeks of the year, trading volume on Wall Street is typically light as investors celebrate the holidays and take vacations. The common Santa Claus rally didn't materialize in December 2024, though, and the market experienced some strong selling.
VeriSign stock price is rising, but has a key unsolvable risk
VeriSign stock price is doing well as it rose for seven consecutive weeks and reached its highest level since December 2023. Most of these gains happened after Warren Buffett accumulated more VRSN shares.
Revealed: Warren Buffett Just Bought More of This Cheap Internet Stock—Should You Follow?
Whenever the great Warren Buffett makes a move, some of his many followers are sure to scramble to follow in his footsteps.
VeriSign Stock Eyes Best Month in 2 Years After Buffett Bet
Shares of network infrastructure company VeriSign Inc. (NASDAQ:VRSN) were up 1.6% at $208.43 at last check, following news that Warren Buffett's Berkshire Hathaway (BRK.A) increased its stake in the company.
Warren Buffett just loaded up on this stock for 2025
Warren Buffett is one of the most renowned investors in the world. The ‘Oracle of Omaha' has managed to outperform the markets on a consistent basis.
Warren Buffett Puts Cash Reserves To Work Buying S&P 500 Underperformer
Warren Buffett went a buying spree in late December, purchasing VeriSign stock in multiple sessions through Dec. 24. The post Warren Buffett Puts Cash Reserves To Work Buying S&P 500 Underperformer appeared first on Investor's Business Daily.
VeriSign: Cautiously Bullish On This Stock
VeriSign's strong market position, high margins, and pricing power justify a slight premium valuation, expected to stabilize at around 22x P/E ratio. The company dominates the domain name industry, managing key domains like .com and .net, and benefits from regulatory agreements allowing price increases. VeriSign's financials are solid, with high operating margins, strong cash flow, and disciplined cost control, supporting capital returns and reinvestment.
