VeriSign Files 8-K on Financials

TL;DR

VeriSign dropped its 8-K, check the financials.

AI Summary

VeriSign, Inc. filed an 8-K on February 6, 2025, to report on its results of operations and financial condition. The filing includes financial statements and exhibits, providing an update on the company's performance. Specific financial details and operational outcomes are detailed within the accompanying documents.

Why It Matters

This filing provides investors with crucial, up-to-date information on VeriSign's financial health and operational performance, impacting investment decisions.

Risk Assessment

Risk Level: low — This is a routine financial filing and does not indicate any immediate or unusual risks.

Key Players & Entities

• VeriSign, Inc. (company) — Registrant
• February 6, 2025 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of Incorporation
• Reston, Virginia (location) — Address of principal executive offices

FAQ

Key Financial Figures

• $0.001 — ange on which registered Common Stock, $0.001 Par Value Per Share VRSN Nasdaq Global
• $509.0 million — (excluding intercompany liabilities) of $509.0 million (15.1% of the Company's consolidated to
• $424.2 million — nsolidated total liabilities), of which $424.2 million were deferred revenues, (2) assets (exc
• $640.0 million — sets (excluding intercompany assets) of $640.0 million (45.5% of the Company's consolidated to
• $418.3 million — 's consolidated total assets), of which $418.3 million were cash, cash equivalents and marketa
• $221.7 million — securities, and intercompany assets) of $221.7 million (27.5% of the Company's consolidated to
• $368.2 million — ies collectively had Adjusted EBITDA of $368.2 million (31.1% of the Company's consolidated Ad

Filing Documents

• vrsn-20250206.htm (8-K) — 43KB
• q42024earningsrelease.htm (EX-99.1) — 142KB
• logovrsna01a08.jpg (GRAPHIC) — 2KB
• 0001014473-25-000002.txt ( ) — 323KB
• vrsn-20250206.xsd (EX-101.SCH) — 2KB
• vrsn-20250206_lab.xml (EX-101.LAB) — 21KB
• vrsn-20250206_pre.xml (EX-101.PRE) — 12KB
• vrsn-20250206_htm.xml (XML) — 3KB

02

Item 2.02. Results of Operations and Financial Condition. On February 6, 2025, VeriSign, Inc. (the "Company") announced its financial results for the fiscal quarter and year ended December 31, 2024. A copy of this press release is attached hereto as Exhibit 99.1. The Company is required to disclose annually the following non-guarantor subsidiary financial information pursuant to section 4.2(d) of the indentures governing the Company's senior notes due 2025 and 2027: As of December 31, 2024, the Company's non-guarantor subsidiaries collectively had (1) liabilities (excluding intercompany liabilities) of $509.0 million (15.1% of the Company's consolidated total liabilities), of which $424.2 million were deferred revenues, (2) assets (excluding intercompany assets) of $640.0 million (45.5% of the Company's consolidated total assets), of which $418.3 million were cash, cash equivalents and marketable securities and (3) assets (excluding cash, cash equivalents and marketable securities, and intercompany assets) of $221.7 million (27.5% of the Company's consolidated total assets, excluding cash, cash equivalents and marketable securities). For the twelve months ended December 31, 2024, the Company's non-guarantor subsidiaries collectively had Adjusted EBITDA of $368.2 million (31.1% of the Company's consolidated Adjusted EBITDA), which includes intercompany transactions with the Company. Such intercompany transactions represent the majority of the Company's non-guarantor subsidiaries' aggregate expenses. Intercompany transactions and allocations of revenues and costs between the parent and the non-guarantor subsidiaries can vary significantly. Therefore, the Company believes that period-to-period comparisons of Adjusted EBITDA of the Company's non-guarantor subsidiaries may not necessarily be meaningful. Adjusted EBITDA is a non-GAAP financial measure and is calculated in accordance with the terms of the indentures governing the Company's senior notes. Adjusted EBI

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Text of press release of VeriSign, Inc. issued on February 6, 2025. 104 Inline XBRL for the cover page of this Current Report on Form 8-K

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VERISIGN, INC. Date: February 6, 2025 By: /s/ Thomas C. Indelicarto Thomas C. Indelicarto Executive Vice President, General Counsel and Secretary

View Full Filing

View this 8-K filing on SEC EDGAR