VeriSign, Inc. (VRSN), the company that has the contract to run the .com and .net registries, reportedfinancial results for the second quarter ended June 30, 2012 after the market closed.

VeriSign, Inc. reported revenue of $214 million for the second quarter of 2012, up 13% from the same quarter in 2011.

“Verisign reported net income of $68 million and diluted earnings per share (EPS) of $0.42 for the second quarter of 2012, compared to a net loss of $(11) million and diluted net loss per share of $(0.06) in the same quarter in 2011.”

“The operating margin was 50.0 percent for the second quarter of 2012 compared to 43.2 percent for the same quarter in 2011.”

Compare that to Amazon (AMZN) which also reported earnings today which had a profit of $7 Million on sales of almost $13 Billion or a profit margin of about 2%.

Of course Amazon doesn’t have the right to hike prices 7% a year for every 4 out of 6 years for eternity either.

Verisign ended the Quarter with $1.44 Billion in the bank.

Verisign Registry Services added 1.81 million net new names and ended the second quarter with approximately 118.5 million active domain names in the zone for .com and .net, representing a 7.8 percent increase year-over-year.

In the second quarter, Verisign processed a second quarter record 8.4 million new domain name registrations, representing an increase of 4.2 percent year-over-yeer.

Source from: http://www.thedomains.com/2012/07/26/verisign-reports-revenue-up-13-118-5-million-com-net-domains-has-a-50-profit-margin/

Eranet, ICANN CNNIC HKDNR Accredited Registra

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