(The Hosting News) – Domain registrar VeriSign on Thursday announced its latest quarterly results, showing a 9% increase in year-over-year revenue for this year’s third quarter.
Overall, the company generated $244 million in revenue while also taking in a net income of $81 million.
More interesting, however, is that the company accounted for 1.55 million new net names during the period while VeriSign also processed 8.3 million domain registrations.
“Our team continued to execute well and delivered sound operational and financial results. Also, during the third quarter we repurchased 6.8 million shares for $331 million,” commented VeriSign CEO Jim Bidzos via a press release.