Investing.com - VeriSign (NASDAQ:VRSN) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
VeriSign announced earnings per share of $1.27 on revenue of $320.3M. Analysts polled by Investing.com anticipated EPS of $1.35 on revenue of $319.07M.
VeriSign shares are down 5% from the beginning of the year, still down 7.58% from its 52 week high of $221.30 set on June 2, 2020. They are under-performing the Nasdaq which is up 8.83% from the start of the year.
VeriSign shares gained 1.76% in after-hours trade following the report.
VeriSign follows other major Technology sector earnings this month
VeriSign's report follows an earnings beat by Apple on January 27, who reported EPS of $1.68 on revenue of $111.44B, compared to forecasts EPS of $1.42 on revenue of $103.27B.
Microsoft had beat expectations on January 26 with second quarter EPS of $2.03 on revenue of $43.08B, compared to forecast for EPS of $1.64 on revenue of $40.22B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar