United States : VeriSign swings to $54M Q3 profit.Byline: Mamta03 VeriSign Inc., a provider of Internet infrastructure services, reported third quarter net income of $54 million, or 28 cents a share, compared to a loss in the same period last year of $201 million, or $1.04 a share. Mountain View-based VeriSign (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :VRSN VRSN Verisign, Inc. (stock abbreviation, AMEX) VRSN Version Number (NEC) ) had revenue of $258 million, compared to $246 million in the year-ago quarter. Excluding items, the company's income would have been 33 cents a share. Analysts expected, on average, earnings of 32 cents a share on $258.8 million in revenue. "We had a good quarter and we're pleased with the strength of our core businesses both in terms of growth and operating leverage Operating Leverage A measurement of the degree to which a firm or project relies on fixed rather than variable costs. Notes: The higher the degree of operating leverage, the greater the potential danger from forecasting risk. ," said CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Mark McLaughlin Mark McLaughlin (born 2 December 1975 in Greenock) is a Scottish footballer currently playing for Scottish First Division club Hamilton Academical. McLaughlin, a defender, began his career at junior club Arthurlie before moving to Clyde in 1999. , president and chief executive officer of VeriSign. "As we enter the last quarter of 2009, and with our divestitures essentially behind us, we are focused on growing VeriSign's core businesses Copyright : Euclid Infotech Pvt. Ltd. Provided by Syndigate.info an Albawaba.com company |
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