VRSN VeriSign Inc. featured news, full reports, and detailed charts
VeriSign Inc. (VRSN) Wrap Up:
VeriSign, Inc. provides infrastructure services that enable and protect interactions of voice, video, and data networks worldwide. It operates through two segments: Internet Services Group and the Communications Services Group. The Internet Services Group segment consists of the Information and Security Services business and Naming Services business. Its Information and Security Services business includes SSL Certificate services, which enable enterprises and Internet merchants to implement and operate secure networks and Web sites that utilize SSL protocol; identity and authentication products and services, including managed PKI service, unified authentication service, and VeriSign identity...VeriSign Inc. (VRSN:NASDAQ)
Snapshot of VeriSign Inc. (VRSN)
|
OPEN
$21.34
|
PREVIOUS CLOSE
$21.88
|
|
|
DAY HIGH
$21.76
|
DAY LOW
$21.28
|
|
|
52 WEEK HIGH
10/21/09 - $24.99
|
52 WEEK LOW
11/21/08 - $16.23
|
|
|
MARKET CAP
4.1B
|
AVERAGE VOLUME 3 mo
4.9M
|
|
|
DILUTED EPS TTM
$0.94
|
SHARES OUTSTANDING
192.3M
|
|
|
VRSN Does Not Pay Dividends
|
P/E TTM
23.0x
|
|
| K = Thousands M = Millions B = Billions | ||
related news
related news
VRSN Top Compensated Officers
Executives, Board Directors
Key developments for VeriSign Inc. (VRSN)
To discuss the company's go-forward strategy
VeriSign Inc. reported unaudited consolidated financial results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net income attributable to parent and subsidiaries common stockholders of $53.6 million or $0.28 per basic and diluted share on revenue of $258 million, compared to net loss attributable to parent and subsidiaries common stockholders of $201.1 million or $1.03 per diluted share on revenue of $245.9 million, a year ago. Operating income was $75.1 million compared to $67.2 million a year ago. Income from continuing operations before income taxes and loss from unconsolidated entities was $66.5 million compared to $53.7 million a year ago. Income from continuing operations, net of tax attributable to parent and subsidiaries common stockholders was $48.4 million or $0.24 per diluted share, compared to income from continuing operations, net of tax attributable to parent and subsidiaries common stockholders of $42.34 million or $0.21 per basic and diluted share, a year ago. On a non-GAAP basis the company reported net income attributable to parent and subsidiaries of $64 million and diluted earnings per share of $0.33. Capital expenditures, on a consolidated basis, were approximately $25 million. For the nine months, the company reported net income attributable to parent and subsidiaries common stockholders of $153.51 million or $0.79 per diluted share on revenue of $769.6 million, compared to net loss attributable to parent and subsidiaries common stockholders of $278.33 million or $1.37 per diluted share on revenue of $723.23 million, a year ago. Operating income was $234 million compared to $78.7 million a year ago. Income from continuing operations before income taxes and loss from unconsolidated entities was $210.8 million compared to $56.41 million a year ago. Income from continuing operations, net of tax attributable to parent and subsidiaries common stockholders was $139.5 million or $0.71 per diluted share, compared to income from continuing operations, net of tax attributable to parent and subsidiaries common stockholders of $45.8 million or $0.21 per diluted share, a year ago. Net cash provided by operating activities was $222.04 million compared to $363.04 million a year ago. Purchases of property and equipment were $66.1 million compared to $88.1 million a year ago. On a non-GAAP basis the company reported net income attributable to parent and subsidiaries of $187.5 million and diluted earnings per share of $0.97.
VeriSign Inc. announced that Postbank, is bringing trust and reassurance to its iPhone-equipped mobile banking clients through VeriSign(R) Extended Validation (EV) Secure Sockets Layer (SSL) Certificates. Postbank has protected its Web site with VeriSign EV SSL since October of 2007. By extending that protection to its iBanking offering, Postbank is making online banking safer than ever. This month, Postbank began offering the same safeguards to iPhone users who access its iBanking service via their Safari mobile browsers. By equipping its acclaimed iBanking site with VeriSign EV SSL protection, Postbank offers an instantly recognizable visual cue that tells customers they have reached a site whose authenticity has been verified by VeriSign. When Postbank customers reach the authentic iBanking site, their Safari browser's address bar turns green, signaling they can conduct their transactions with confidence and that all data transmitted to the site will be encrypted.
VRSN Competitors
| Company | Last | Change |
| Akamai Technologies Inc | $23.94 USD | -0.31 |
| Compuware Corp | $7.38 USD | +0.04 |
| Comverse Technology Inc | $8.71 USD | +0.01 |
| MICROS Systems Inc | $28.63 USD | -0.37 |
| Sybase Inc | $39.92 USD | -0.42 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | VRSN | Industry Range |
| Price/Earnings | 22.3x |
|
| Price/Sales | 4.1x |
|
| Price/Book | 5.7x |
|
| Price/Cash Flow | 60.2x |
|
| TEV/Sales | 2.1x |
|
|
VRSN |
||
VRSN transactions
| Type Date |
Target |
|
Merger/Acquisition
October 1, 2009 |
VeriSign Inc., Global Security Consulting Business |
|
Merger/Acquisition
August 24, 2009 |
VeriSign Inc., Messaging Business |
