(Reuters) - Profit excluding a tax gain in the year-earlier quarter and
aided by recent cost cutting came in as expected. But revenue
was $368 million, slightly below analysts' consensus of $369.4
million, according to Reuters Estimates. Forecasts had ranged
from $362.9 million to $376.6 million.
VeriSign shares closed off 67 cents, or 2.1 percent, at
$30.79 in regular session trading, hit by sell-off in U.S.
stock markets in which the Dow Jones Industrials Average lost
311.50 points to close at 13,473. In extended trading, the
stock continued to dip, falling 8.9 percent to $28.02.
Read more at Reuters.com Market News
aided by recent cost cutting came in as expected. But revenue
was $368 million, slightly below analysts' consensus of $369.4
million, according to Reuters Estimates. Forecasts had ranged
from $362.9 million to $376.6 million.
VeriSign shares closed off 67 cents, or 2.1 percent, at
$30.79 in regular session trading, hit by sell-off in U.S.
stock markets in which the Dow Jones Industrials Average lost
311.50 points to close at 13,473. In extended trading, the
stock continued to dip, falling 8.9 percent to $28.02.
Read more at Reuters.com Market News
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