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VeriSign Trounces Expectations, Sets Stock Buyback
VeriSign (VRSN Quote) trounced analysts' first-quarter expectations, posting earnings, before items, of 23 cents a share, while Wall Street was looking for income of 13 cents.
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. ...
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