VeriSign (VRSN) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter increased compared with both the immediately preceding quarter and the same quarter one year earlier. The growth rate was lower than the prior quarter's sequential increase but higher than the year-ago comparison.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter increased compared with both the immediately preceding quarter and the same quarter one year earlier. The growth rate was lower than the prior quarter's sequential increase but higher than the year-ago comparison.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$390.6M
Revenue reported for this quarter.
Quarter-over-quarter
+0.9%
Change from the immediately preceding quarter.
Year-over-year
+3.8%
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 |
|---|---|---|
| Dec 31, 2023 | $380.4M | +3.0% |
| Mar 31, 2024 | $384.3M | +5.5% |
| Jun 30, 2024 | $387.1M | +4.1% |
| Sep 30, 2024 | $390.6M | +3.8% |
Revenue performance
The reported revenue reflects a continued upward trend, with a modest sequential gain and a stronger year-over-year advance.
Quarterly comparison
Compared with the preceding quarter, revenue rose slightly, while the year-over-year comparison showed a more pronounced increase. The trailing twelve-month revenue remained above the level of the prior fiscal year.
What to watch
The company continued to repurchase its common stock during the quarter under a board-authorized program.