Prosecutors are seeking prison sentences for brothers Michael and Gerald Shvartsman for insider trading in a blank-check company’s securities prior to its merger with Trump Media. Michael, facing 46-57 months in prison, made $18 million in profits, while Gerald, facing at least two years, earned $4.6 million. The brothers, both non-U.S. citizens, pled guilty in April, with a third defendant convicted by a jury, and await sentencing for their roles in the scheme.
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VeriSign (VRSN) Q1 2025 Earnings Call
DATEOn April 24, 2025, VeriSign reported a Q1 revenue of $402 million, marking a 4.7% year-over-year increase, with a net income of $199 million and a diluted EPS of $2.10. The company initiated a quarterly cash dividend of 77¢ per share and repurchased 1 million shares, returning $230 million to shareholders. Additionally, the domain name base rose to 169.8 million, with 10.1 million new registrations, and the 2025 revenue guidance was updated to between $1.635...
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