VRSN Q1 2024 Earnings — VeriSign, Inc. Revenue & Financial Results | Market Cap Arena

VRSNVeriSign, Inc.

$22B

Q1 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$384M+5.5% YoY

Gross Profit

$335M87.2% margin

Operating Income

$259M67.4% margin

Net Income

$194M50.5% margin

EPS (Diluted)

$1.92

QoQ Revenue Growth

+1.0%

Cash Flow

Operating Cash Flow

$257M

Free Cash Flow

$254M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$3.4B

Stockholders' Equity

-$1.6B

Cash & Equivalents

$732M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$384M	$364M	+5.5%
Gross Profit	$335M	$315M	+6.6%
Operating Income	$259M	$241M	+7.3%
Net Income	$194M	$179M	+8.6%

Geographic Segments

UNITED STATES

$255M66%

EMEA

$60M16%

Other

$48M12%

CHINA

$21M5%