By Elias Schisgall
Shares of VeriSign fell after the company's fourth-quarter earnings fell short of Wall Street expectations.
Shares were down 13% to $210.43 in Friday morning trading after hitting a 52-week low of $208.86 earlier in the session. The stock has fallen 4.4% in the past year.
The internet services company on Thursday posted a profit of $206.2 million, or $2.23 a share, compared with a profit of $191.5 million, or $2 a share, a year earlier.
Analysts polled by FactSet were targeting $2.35 a share.
Revenue grew to $425.3 million, up from $395.4 million a year earlier. Analysts were expecting $424.4 million.
The company also said it was raising its quarterly dividend by 5.2% to 81 cents a share from 77 cents a share.
The new payout, equal to $3.24 a year, represents a 1.3% annual yield based on the company's Thursday closing price of $242.62.
The dividend will be paid on Feb. 27 to shareholders of record as of Feb. 19.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
February 06, 2026 10:55 ET (15:55 GMT)
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