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As Expected, VeriSign Warns About Missing Guidance
Software company VeriSign(VRSN Quote) warned after the close Wednesday that earnings and revenue for the second quarter ended June 30 will fall below previous guidance.
The domain registrar and security announced that it expects total revenue for the quarter to be in the range of approximately $315 million to $317 million, compared with prior guidance of $320 million to $330 million.
The Mountain View, Calif.-based company said pro forma earnings are now expected to be the range of 14 cents to 15 cents a share, as opposed to the previous forecast of 18 cents to 20 cents a share. ...
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