VeriSign Domain-Name Business Lagged Last Quarter

By | July 2, 2014

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VeriSign (VRSN), a provider of Internet infrastructure services, added 400,000 to 425,000 new dot-com and dot-net Web addresses last quarter, far short of the midpoint of the company’s forecast of 300,000 to 800,000, Cowen & Co. analyst Gregg Moskowitz said in a research report Tuesday. “This represents by far the slowest quarter-to-quarter growth we’ve seen in the past five-plus years, with June particularly disappointing, and comes well below Scalper1 News

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