World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire"

Sam Altman, Bill Gates, and Mark Zuckerberg are all investing vast sums of money into a radical technology. According to Bloomberg, this could become 10 times bigger than AI, quantum computing, electric vehicles, cryptocurrencies, and robotics combined. And one stock is at the center of it all.

What's Going On With VeriSign Shares Friday?

Dylan Berman
April 25, 2025

VeriSign, Inc. (NASDAQ:VRSN) shares are trading higher on Friday after the company reported better-than-expected first-quarter earnings on Thursday after the market closed.

What To Know: The company reported earnings per share of $2.10, beating analysts’ estimate of $2.09. In addition, the company reported sales of $402.30 million, beating analysts’ estimate of $400.44 million.

VeriSign reported cash flow from operations of $291 million. It also ended the quarter with $649 million in cash, cash equivalents and marketable securities.

The company initiated a quarterly cash dividend of 77 cents per share.

Outlook: The company raised its sales guidance for fiscal-year 2025. It previously expected sales from $1.61 billion to $1.64 billion. It now expects sales from $1.64 billion to $1.65 billion, versus analysts’ estimate of $1.62 billion.

See Also: $1000 Invested In CyberArk Software 10 Years Ago Would Be Worth This Much Today

VRSN Price Action: At the time of writing, VeriSign shares are trading 8.43% higher at $273.88, according to data from Benzinga Pro.

Image: via Shutterstock

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