After the close, dot-com registration giant VeriSign (VRSN) will report its first-quarter earnings. Here's what to watch for.
VeriSign is the "official" domain name registrar. The company holds the exclusive registry rights for the .com and .net domains from the Internet Corporation for Assigned Names and Numbers. ICANN is a private nonprofit that was created by the U.S. Department of Commerce to oversee and coordinate the management of the top-level domain space as well as operate the Internet's root servers and manage the Internet Protocol address space. VeriSign also operates the directories for all .cc, .tv and .name domain names, and it provides the back-end infrastructure for .jobs and .gov. On July 1, 2010, VeriSign raised the price to register a .com domain to $7.34 from $6.86 and a .net domain to $4.65 from $4.23. The company jacked up prices again in January 2012. Now, VeriSign charges registrars $7.85 to register a .com and $5.11 for a .net. It's a pretty sweet gig to have monopoly pricing power!...314 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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