Short Take: VeriSign beats estimates
VeriSign slightly beat analysts' third-quarter earnings estimates, reporting a net loss, excluding charges, of $4.2 million or 18 cents a share. Those figures compare with a loss of $3.2 million or 40 cents a share, also excluding charges, posted a year ago. Analysts expected the security software company to post a loss of 19 cents a share. VeriSign's revenues rose to $10.5 million for the quarter, up from $3.8 million.
slightly beat
analysts' third-quarter earnings estimates, reporting a net loss, excluding
charges, of $4.2 million or 18 cents a share. Those figures compare with a
loss of $3.2 million or 40 cents a share, also excluding charges, posted a
year ago. Analysts expected the security software company to post a loss of
19 cents a share. VeriSign's revenues rose to $10.5 million for the quarter,
up from $3.8 million.