VeriSign is trading at $250.00, down 16.76%, after diluted EPS missed consensus.
- Third-quarter revenue of $443 million beat estimates, while diluted EPS of $2.35 missed the $2.42 consensus.
- Coverage linked the post-earnings decline to the shortfall, including a $7.5 million pretax loss on assets held for sale.
- Stronger domain growth and higher guidance were also reported but did not prevent the selloff.