Verisign lowers guidance for 2024 after slow Q1

.Com domain base drops, hurting Verisign’s prospects. Verisign (NASDAQ: VRSN) released earnings this afternoon and has downgraded its guidance for 2024. The company ended Q1 2024 with 172.5 million domains across .com and .net, down 0.27 million from the end of last year. .Com domains under management slipped 0.2 million, while .net remained largely unchanged. […]

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