VeriSign (VRSN) Reveals Q3 Domain Name Registration Numbers
Zacks Investment Research | Dec 19, 2017 11:22PM ET
According to VeriSign Inc.’s (NASDAQ:VRSN) latest “The Domain Name Industry Brief”, domain name registrations decreased 0.4% sequentially to approximately 330.7 million across top-level domains (TLDs) at the end of the third quarter. Domain name registrations increased 3.7 million or 1.1% year over year.
Country Code Top-Level Domains (“ccTLDs”) increased 3.2% year over year and 0.3% sequentially to 144.7 million in the September quarter. On a combined basis, .com and .net domain names increased 1.2% year over year to approximately 145.8 million in the third quarter.
The company is benefiting from strong gTLD prospects. New gTLDs (“ngTLD”) represent 6.4% of total domain name registrations.
Reportedly, new .com and .net registrations were 8.9 million compared with 8.3 million in the year-ago quarter, driven by strong demand in the United States. VeriSign reported that .com continued to maintain its position as the largest TLD, followed by .cn (China) and .tk (Tokelau).
Shares of VeriSign have gained 45.6% year to date, significantly outperforming the 41.5% rally of the .
Long-term earnings growth rate for IPG Photonics, NetApp and NVIDIA is projected to be 12%, 11.3% and 10.3%, respectively.
5 Medical Stocks to Buy Now
Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions.
New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits.
Zacks Investment Research
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.