Trade VeriSign, Inc. - VRSN CFD

VeriSign Company profile

About Verisign, Inc.

VeriSign, Inc. is a global provider of domain name registry services and Internet infrastructure. The Company enables the security, stability, and resiliency of Internet infrastructure and services, including providing root zone maintainer services, operating two global Internet root servers, and providing registration services and authoritative resolution for the .com and .net top-level domains (TLDs), which support the majority of global e-commerce. It operates the authoritative directory of and/or the back-end systems for all .com, .net, .cc, .gov, .edu and .name domain names, among others. Its services allow individuals and organizations to establish their online identities, while providing the secure, always-on access they need to communicate and transact reliably with large-scale online audiences. The Company also provides internationalized domain name (IDN) services that enable Internet users to access domain names in characters representing their local language.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Verisign, Inc. revenues increased 5% to $1.33B. Net income decreased 4% to $784.8M. Revenues reflect United States segment increase of 6% to $851.3M, EMEA segment increase of 8% to $231.7M. Net income was offset by Interest Income decrease of 93% to $582K (income), Gain on sale of business decrease from $6.4M (income) to $0K.

Equity composition

Common Stock $.001 Par, 03/11, 1B auth., 314,833,545 issd., less 146,420,438 shs. in Treas @ $315. Insiders own 1% IPO 1/98, 3M shs. @ $14 by Morgan Stanley DW. PO 1/99,2.75M shs. @ $80.5 by Morgan Stanley DW. 12/99, 6/99, 2-for-1 stock splits. *NOTE:12/01, Co acq. Illuminet