VeriSign (VRSN) Revenue — Quarter Ended Dec 31, 2023
Revenue for the reported quarter increased compared with the immediately preceding quarter and the same quarter one year earlier. The company's filing context outlines liquidity sources but does not provide direct commentary on the revenue change.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the reported quarter increased compared with the immediately preceding quarter and the same quarter one year earlier. The company's filing context outlines liquidity sources but does not provide direct commentary on the revenue change.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$380.4M
Revenue reported for this quarter.
Quarter-over-quarter
+1.1%
Change from the immediately preceding quarter.
Year-over-year
+3.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $364.4M | +5.0% |
| Jun 30, 2023 | $372M | +4.2% |
| Sep 30, 2023 | $376.3M | +5.4% |
| Dec 31, 2023 | $380.4M | +3.0% |
Revenue performance
Revenue in the reported quarter rose from the prior quarter, continuing the upward trend seen throughout the fiscal year. The same-period comparison a year ago also showed an increase.
Quarterly comparison
Compared with the immediately preceding quarter, revenue was higher, and versus the same quarter one year earlier, revenue also grew. The sequential and year-over-year changes both reflect positive movement.
What to watch
The filing discloses that cash and cash equivalents declined from the prior year end, while marketable securities increased, resulting in a slight overall decrease in total liquidity.