VeriSign: 4Q Earnings Snapshot

RESTON, Va. (AP) _ VeriSign Inc. (VRSN) on Thursday reported fourth-quarter net income of $157.3 million.

The Reston, Virginia-based company said it had net income of $1.38 per share.

The internet infrastructure services provider posted revenue of $320.3 million in the period.

For the year, the company reported profit of $814.8 million, or $7.07 per share. Revenue was reported as $1.27 billion.

VeriSign shares have declined 5.5% since the beginning of the year, while the Standard & Poor’s 500 index has risen slightly more than 4%. In the final minutes of trading on Thursday, shares hit $204.55, increasing slightly in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VRSN at https://www.zacks.com/ap/VRSN

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