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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Softechie who wrote (56679)4/25/2002 4:30:08 PM
From: Softechie  Read Replies (1) of 99280
 
VRSN VeriSign matches EPS estimates; misses on revenues (18.24 +0.24) -- Update --
Reports Q1 pro forma (and fully taxed) EPS of $0.20, in line with the Multex consensus; revenues were $328 mln, which includes HO Systems but was still below consensus of $340.0 mln. Says results were not up to its expectations and announces a restructuring, including layoffs of 10% of workforce.
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