VeriSign reported a 6% rise in second‑quarter revenue to $435 million, with profit of $2.38 per share, up from $2.21 per share a year earlier.

As the exclusive operator of the .com and .net registry and a provider of two of the 13 global internet root servers, VeriSign's revenue depends on fixed fees from domain registrars. The company processed 12.7 million new .com and .net registrations in the quarter, compared with 10.4 million in the prior year.

VeriSign approved an additional $884 million share repurchase authorization on July 23, raising its total repurchase capacity to $1.50 billion. The growth in domain registrations underscores continued demand for online identities as companies expand their digital reach.