04:29 PM EDT, 07/25/2024 (MT Newswires) -- VeriSign ( VRSN ) reported Q2 diluted earnings Thursday of $2.01 per share, up from $1.79 a year earlier.

A lone analyst polled by Capital IQ expected $1.94.

Revenue in the three months ended June 30 rose to $387.1 million from $372 million a year earlier.

Two analysts surveyed by Capital IQ expected $385.8 million.

The company's board authorized a $1.11 billion increase to the share repurchase program, bringing the total to $1.5 billion.

In Q2, Verisign ( VRSN ) repurchased 2.2 million shares for an aggregate cost of $388 million.

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