VeriSign (VRSN) Message Board

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Technology Stocks : VeriSign (VRSN)

VRSN 240.16

-1.8%

Nov 4 3:59 PM EST

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To: Norm Demers who wrote (1174)	2/1/2001 7:10:54 PM
From: Patriarch	of 1285

VeriSign repeats earnings forecast, sees better margins February 01, 2001 3:59:00 PM ET SAN JOSE, Calif., Feb 1 (Reuters) - VeriSign Inc. (VRSN), which sells Internet domain names and security products, on Thursday repeated its forecasts for revenues and earnings in the current fiscal year and said it sees widening operating margins ahead. Speaking at a conference for investors and analysts, VeriSign's chief financial Dana Evan said the company sees revenues of between $975 million to $1 billion in fiscal year 2001 and earnings per share of between 56-60 cents. She said that operating margins for the San Jose, Calif.-based company will be between 14-16 percent in 2001, but will rise to between 22-26 percent in 2002 and between 30-34 percent over the long-term.

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