Market Recap 4-23-15
Verisign (VRSN) hit a new high at $68.25 and then reported earnings after the close.
First Quarter GAAP Financial ResultsVeriSign, Inc. and subsidiaries (“Verisign”) reported revenue of $258 million for the first quarter of 2015, up 3.9 percent from the same quarter in 2014. Verisign reported net income of $88 million and diluted earnings per share of $0.66 for the first quarter of 2015, compared to net income of $94 million and diluted EPS of $0.64 in the same quarter in 2014. The operating margin was 55.8 percent for the first quarter of 2015 compared to 56.1 percent for the same quarter in 2014.
First Quarter Non-GAAP Financial ResultsVerisign reported, on a non-GAAP basis, net income of $99 million and diluted EPS of $0.74 for the first quarter of 2015, compared to net income of $95 million and diluted EPS of $0.64 for the same quarter in 2014. The non-GAAP operating margin was 59.7 percent for the first quarter of 2015 compared to 60.1 percent for the same quarter in 2014. A table reconciling the GAAP to the non-GAAP results (which excludes items described below) is appended to this release.
Endurance Intl (EiGi) was up 3% and hit a new high at $23.49 before closing at $23.03.
| Minds + Machines Group… | MMX | 8.40 | +0.15 (1.82%) | |||||||
| Marchex, Inc. | MCHX | 4.58 | +0.08 (1.78%) | |||||||
| Web.com Group Inc | WWWW | 19.41 | +0.06 (0.31%) | |||||||
| Rightside Group Ltd | NAME | 9.56 | -0.01 (-0.10%) | |||||||
| Centralnic Group PLC | CNIC | 28.25 | -1.50 (-5.04%) | |||||||
| Google Inc | GOOG | 547.00 | +7.64 (1.42%) | |||||||
| Tucows Inc. (USA) | TCX | 17.81 | -0.15 (-0.84%) | |||||||
| Verisign, Inc. | VRSN | 67.73 | +0.50 (0.74%) | |||||||
| Neustar Inc | NSR | 27.58 | -0.42 (-1.50%) | |||||||
| United Internet AG | UTDI | 41.42* | -0.99 (-2.32%) | |||||||
| Endurance Intl. Group… | EIGI | 23.03 | +0.67 (3.00%) | |||||||
| Godaddy Inc | GDDY | 25.05 | +0.28 (1.13%) |
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