VeriSign recent slowdown a modest negative, says Wells Fargo Wells Fargo reported that as of this morning, the .com and .net zone files showed that VeriSign was running 128.887MM .com and .net domains. The firm says that this was in-line with its expectations, but adds that the company's run rate slowed going into the end of the quarter. It views the slowdown as a modest negative for the company and keeps a Market Perform rating on the shares.
VeriSign sees FY15 revenue $1.043B-$1.057B, consensus $1.06B Revenue guidance revised from previous $1.040B-$1.060B. Sees FY15 adjusted gross margin at least 80%. Sees FY15 adjusted operating margin 60%-62%. Guidance given during Q1 earnings conference call.