Verisign Q3 In Line; But Stock Falls Hard In Late Trading

Verisign shares are trading sharply lower Thursday afternoon following the company's Q3 financial report. For the period, Verisign posted revenue of $224 million and non-GAAP profits of 50 cents a share; Street consensus had been $223,6 million and 49 cents a share. The company also trimmed its outlook for the full year: [...]