Verisign Q2 2020 revenue of $314 million up 2.6 percent from Q2 2019

VeriSign Inc. (NASDAQ: VRSN) on Thursday reported second-quarter net income of $152.5 million. Stock was virtually unchanged on Thursday.

VeriSign, Inc. and its subsidiaries (“Verisign”) reported revenue of $314 million for the second quarter of 2020, up 2.6 percent from the same quarter in 2019. Verisign reported net income of $152 million and diluted earnings per share (diluted “EPS”) of$1.32 for the second quarter of 2020, compared to net income of $148 million and diluted EPS of $1.24 for the same quarter in 2019. The operating margin was 65.8 percent for the second quarter of 2020 compared to 65.9 percent for the same quarter in 2019.