VeriSign reports growth over 100 million domain names.
As forecasted, the total number of .com and .net domain names under management topped 100 million in the second quarter of 2010, reports VeriSign. The company ended the quarter with 101.5 million domains across the two top level domain names. VeriSign added 7.9 million new domain names in the quarter, representing 13% growth year-over-year.
The naming services business grossed $164 million for the quarter, up 4% over the previous quarter and 9% over the same quarter of the year prior.
For each .net domain name VeriSign reaps $4.65 and it gets $7.34 for each .com domain name. These prices increased on July 1 and are likely to increase again next year.
The only wrench in VeriSign’s money printing machine is a legal setback over the company’s contract with ICANN to run .com.
© DomainNameWire.com 2010.
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