VeriSign Inc. reported net income of $49 million for the first quarter, up from $9 million last year.
The online marketing services firm reported revenue of $401 million for the quarter ended March 31, up 75% over $229 million last year.
“Increased demand for our Internet and Communications services led to record revenues and operating income for Q1,” said Dana Evan, CFO of the Mountain View, CA company in a statement.
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