VeriSign: 4Q Earnings Snapshot
RESTON, Va. (AP) _ VeriSign Inc. (VRSN) on Thursday reported fourth-quarter earnings of $182.2 million.
On a per-share basis, the Reston, Virginia-based company said it had net income of $1.50. Earnings, adjusted for stock option expense, were $1.58 per share.
The internet infrastructure services provider posted revenue of $307.5 million in the period.
For the year, the company reported profit of $582.5 million, or $4.75 per share. Revenue was reported as $1.21 billion.
VeriSign shares have climbed 17 percent since the beginning of the year, while the Standard & Poor’s 500 index has increased roughly 8 percent. In the final minutes of trading on Thursday, shares hit $173.05, a rise of 59 percent in the last 12 months.