Verisign cranks up guidance as .com swells
Verisign has significantly bumped up its growth expectations for 2026, saying it expects to sell far more domains than previously thought.
The company said it expects its domain name base — the combined domains under management for .com and .net — to grow by between 3.1% and 4.3% over the course of the year.
That’s a notable increase from the prediction of 1.5% to 3.5% it made just three months ago.
Verisign ended March with 176.1 million names in its base, up 3.7% on a year earlier and 2.54 million domains during the three months of Q1.
CEO Jim Bidzos told analysts that the renewed growth came primarily as a result of marketing programs aimed at its registrars, its registrars return to a focus on customer acquisition, and AI web site creation tools.
Verisign reported Q1 revenue up 6.6% versus last year at $429 million, with net income up from $199 million to $215 million.
It threw cash at its shareholders, buying back $214 million of stock and giving them a $0.81-per-share dividend.
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