VeriSign 2nd-Quarter Profit Up 23% on Higher Revenue - WSJ.com: "VeriSign Inc.'s (VRSN) second-quarter profit jumped 23% as the Internet-domain-name company reported a double-digit increase in revenue and higher operating margins, lifting results above Wall Street's expectations. The company has posted double-digit revenue gains and higher income for nine consecutive quarters. VeriSign has spent the past few years shedding several Internet-related businesses, making it almost totally dependent on the mainstay Internet domain operation. VeriSign's domain-name business--which operates the registry for .com, .net and other domains--is based on a contract from the Internet Corporation for Assigned Names and Numbers, overseen by the U.S. Commerce Department. . . ."
Verisign does not forecast significant revenues from new gTLDs (if any) before 2014.--
Verisign Pre-Earnings: Expecting Modest Growth -- Trefis: "We expect the market share of .com and .net domain names in overall Internet domains to fall from 48.1% in 2012 to 46.6% in 2013. This is based on our forecast that the total number of registered .com/.net domains will increase to around 130 million by the end of 2013. At the same time, the total number of Internet domain names will increase to 280 million. We estimate slower growth in .com and .net domain names, as compared to the overall industry on account of competition from country code domain names and pending introduction of new gTLDs."
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