Invest idea of ​​the day: Equity shares of VeriSign Inc & How to make money on security sites ?

VeriSign Inc. is an American company that is the official domain provider of various directories, such as .com, .net, .cc, .tv, .name and .jobs. In addition, it supports two of the thirteen existing root DNS servers and sells digital SSL security certificates. The company was founded in 1995 as a subsidiary of the certification service RSA Security, headquartered in Reston, Virginia, USA. The corporation also includes two service enterprises. Naming Services deals with top-level domains and critical aspects of the Internet infrastructure, and Network Intelligence and Availability Services provide countermeasures against DDoS attacks, managed DNS and cyber threats. For the time being, shares of VeriSign Inc. Are part of the S & P 500 index.

Logo Creator: logonoid.com & Image Courtesy: Verisign

Revenues of VeriSign Inc. For the 2nd quarter of 2017 increased by $ 2.1 million compared to the same period last year and remained at the level of the previous quarter's value of $ 288.6 million, which is better than the forecast of $ 287.6 million. Quarterly net profit increased to $ 123.1 million. From $ 116.41 million, and earnings per share (EPS) was $ 1.05, which is better than expectations of $ 0.98. The next financial report will be released on October 25, 2017, in which it is projected that the company's revenues will increase to $ 291.7 million, and EPS will be $ 0.97.