VeriSign Reports 9% Year-Over-Year Revenue Growth in Second Quarter 2009 – DomainNews

Friday, 07 August 2009 06:29 Domain News
VeriSign, Inc., the trusted provider of Internet infrastructure services, today reported financial results for the second quarter ended June 30, 2009.
On a GAAP basis, VeriSign reported revenue of $257 million from continuing operations for the second quarter of 2009. On a GAAP basis, VeriSign reported net income attributable to VeriSign, Inc. and subsidiaries of $35 million and earnings per share attributable to VeriSign, Inc. and subsidiaries of $0.18 on a fully-diluted basis.On a GAAP basis, VeriSign reported segment revenue for Internet Infrastructure and Identity Services, or the "core businesses" of Naming Services and Authentication Services, of $255 million for the second quarter of 2009, up 1% from the prior quarter and up 9% year-over-year. GAAP core operating margin for the second quarter was 32.6%.
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