COM and NET registry Verisign has just reported its results for the second quarter of the year. Analyst expectations were for revenue figures somewhere around $166.5 million. Helped by its naming operations, Verisign beat those forecasts at $168.7 million.
The company ended its second quarter (from April to June 30th) with a profit of $35.2 million, up from $34.9 million for the same quarter a year ago.
The bulk of Verisign's business is now centered around domain names, in particular its management of the COM and NET namespaces. The company claims 101.5 million active domain names in those two suffixes at the end of Q2, a 9% increase year-over-year.
In May, Verisign inked a deal with Symantec to sell its authentication business for about $1.28 billion in cash. A purchase which should complete 3 months after the sale date of May 19.