VRSN » Topics » Internet Services Group (ISG)

This excerpt taken from the VRSN 10-K filed Feb 29, 2008.

Internet Services Group (ISG)

 

2007 compared to 2006:    Revenues from our ISG increased by approximately $158.2 million. Our Naming Services revenues increased $91.9 million due to a 24% increase in the number of active domain names ending in .com and .net under management. The growth in .com and .net domain names was driven by continued global Internet adoption and strong renewal rates of existing domains. Our Information and Security Services revenues increased $55.7 million primarily due to a $43.9 million increase in SSL Certificate services revenues that was the result of a 16% increase in the installed base of SSL certificates and recognizing a full year of revenues from the GeoTrust acquisition in late 2006. Additional increases in our Information and Security Services revenues were primarily due to increases in our VeriSign Identity Protection services and our United Authentication services that was the result of an increase in demand for secure real-time validation capabilities.

 

2006 compared to 2005:    Revenues from our ISG increased by approximately $125.0 million. Our Naming Services revenues increased $69.4 million due to a 30% increase in the number of active domain names ending in .com and .net under management. Our Information and Security Services revenues increased $55.6 million primarily due to a $29.3 million increase in SSL certificate revenues that was the result of a 65% increase in the installed base of SSL certificates, an $11.9 million increase in our managed security services and security consulting revenues, and a $14.4 million increase in other information services revenues. The 65% increase in the installed base of SSL certificates was primarily due to the 259,000 additional certificates acquired as a result of the acquisition of GeoTrust in September of 2006. Excluding the GeoTrust transaction, the installed base of SSL certificates would have increased 12% year-over-year.

 

The following table compares active domain names ending in .com and .net managed by our Information Services business and the approximate installed base of SSL certificates in our commerce site services business as of the end of each year presented:

 

     December 31,
2007
   %
Change
    December 31,
2006
   %
Change
    December 31,
2005

Active domain names ending in .com and .net

   80.4 million    24 %   65.0 million    30 %   50.0 million

Installed base of SSL certificates

   938,000    16 %   807,000    65 %   489,000

 

This excerpt taken from the VRSN 10-K filed Jul 12, 2007.

Internet Services Group (ISG)

 

2006 compared to 2005:    Revenues from our ISG increased by approximately $125.0 million. Our Information Services Group revenue increased $83.7 million due to a 30% increase in the number of active domain names ending in .com and .net under management. Our Security Services Group revenue increased $41.2 million primarily due to a $26.0 million increase in Website digital certificate revenue that was the result of a 65% increase in the installed base of digital certificates, a $17.7 million increase in our managed security services and security consulting revenues partially offset by a $3.7 million decrease in enterprise security services revenue. The 65% increase in the install base of Website digital certificates was primarily due to the 259,000 additional certificates acquired as a result of the acquisition of GeoTrust in September of 2006.

 

2005 compared to 2004:    Revenues from our ISG increased by approximately by $117.8 million. Our Information Services revenue increased $62.3 million due a 30% increase in active domains ending in .com and .net under management. Our Security Services group increased $55.7 million, primarily due to a $29.2 million increase in Website digital certificate revenues, and a $32.8 million increase in managed security services and security consulting revenue, partially offset by a $5.8 million decrease in enterprise security services.

 

The following table compares active domain names ending in .com and .net managed by our Information Services business and the approximate installed base of Website digital certificates in our commerce site services business as of the end of each year presented:

 

    

December 31,

2006

  

%

Change

   

December 31,

2005

  

%

Change

   

December 31,

2004

Active domain names ending in .com and .net

   65.0 million    30 %   50.0 million    30 %   38.4 million

Installed base of Web site digital certificates

   807,000    65 %   489,000    7 %   455,000

 

Excluding the GeoTrust transaction, the installed base of digital certificates would have increased 12% year-over-year.

 

EXCERPTS ON THIS PAGE:

10-K
Feb 29, 2008
10-K
Jul 12, 2007
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