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Short Take: Network Solutions income jumps

Network Solutions reported revenues for the March quarter of $16.5 million, up from $8.7 million a year ago. Net income increased to $2 million, or 13 cents a share, on a diluted basis, compared with an income of $516,000, or 4 cents a share, reported for the same quarter last year. The improved results were attributed to a record number of registrations during the quarter and strong international growth.

Network Solutions reported revenues for the March quarter of $16.5 million, up from $8.7 million a year ago. Net income increased to $2 million, or 13 cents a share, on a diluted basis, compared with an income of $516,000, or 4 cents a share, reported for the same quarter last year. The improved results were attributed to a record number of registrations during the quarter and strong international growth.