VeriSign, Inc.: What Is The Impact Of The Current Market Conditions In China? 

Verisign, a critical Internet infrastructure provider, has reported a solid and consistent financial performance for the first quarter of 2024. The company’s revenues grew 5.5% year-over-year, operating income grew 7.3%, and earnings per share grew 12.9%. As of the end of March, the domain name base in .com and .net comprised 172.5 million domain names, a decrease of 270,000 from year-end 2023. The renewal rate for the first quarter is projected to be around 74%, down from 75.5% in the same period the previous year.