VeriSign announced earnings per share of $1.31 on revenue of $329.4M. Analysts polled by Investing.com anticipated EPS of $1.36 on revenue of $327.97M.
VeriSign shares are up 7% from the beginning of the year, still down 0.27% from its 52 week high of $234.12 set on July 8. They are under-performing the Nasdaq which is up 13.94% from the start of the year.
VeriSign’s report follows an earnings missed by Taiwan Semiconductor on July 15, who reported EPS of $0.929 on revenue of $13.35B, compared to forecasts EPS of $0.9296 on revenue of $13.23B.
Intel had beat expectations on Thursday with second quarter EPS of $1.28 on revenue of $18.53B, compared to forecast for EPS of $1.07 on revenue of $17.8B.
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