(RTTNews) - Verisign Inc. (VRSN) revealed a profit for first quarter that declined from last year.
The company's profit came in at $150.35 million, or $1.33 per share. This compares with $334.12 million, or $2.86 per share, in last year's first quarter.
Analysts had expected the company to earn $1.30 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 3.6% to $323.62 million from $312.52 million last year.
Verisign Inc. earnings at a glance:
-Earnings (Q1): $150.35 Mln. vs. $334.12 Mln. last year. -EPS (Q1): $1.33 vs. $2.86 last year. -Analysts Estimate: $1.30 -Revenue (Q1): $323.62 Mln vs. $312.52 Mln last year.
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