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Internet services firm VeriSign reported a 5.5% rise in its first-quarter revenue on Thursday, helped by steady demand for domain name registrations as businesses beef up their online presence.
Berkshire Hathaway (NYSE: BRK.B) is one of the last great conglomerates remaining in America.
VeriSign's (VRSN) Q1 performance is likely to have gained from the expansion of its critical infrastructure and services. Soft domain name growth owing to declining demand from China is a concern.
The latest trading day saw VeriSign (VRSN) settling at $191.42, representing a +1.1% change from its previous close.
In the closing of the recent trading day, VeriSign (VRSN) stood at $189.10, denoting a +1.07% change from the preceding trading day.
VeriSign (VRSN) closed the most recent trading day at $191.17, moving -0.42% from the previous trading session.
The latest trading day saw VeriSign (VRSN) settling at $192.65, representing a +0.68% change from its previous close.
VeriSign (VRSN) closed at $195.23 in the latest trading session, marking a -0.03% move from the prior day.
VeriSign (VRSN) fourth-quarter domain name registrations increase 2.5% year over year.
VeriSign's (VRSN) fourth-quarter performance benefits from solid demand for domain name amid macroeconomic weakness.