The company, which provides Web site domain name registration and digital certificate services, said revenue for the quarter ended March 31 rose to $213.4 million, up from $34.1 million in the year-ago period.
Income rose to $48.6 million, excluding the amortization of goodwill and intangible assets, stock-based compensation charges and other items. VeriSign, which is based in Mountain View, Calif., earned $2.2 million, or 2 cents a diluted share, in the same quarter a year ago.Including all items, the company lost $1.38 billion, or $6.90 a share, in the latest quarter. Separately, VeriSign said its board authorized the company to repurchase up to $350 million of common stock. The company has about 210 million shares outstanding.