VeriSign, Inc. reported unaudited consolidated earnings result for the fourth quarter and full year ended December 31, 2012. For the quarter, the company's revenues were $230,196,000 against $203,646,000 a year ago. Operating income was $135,355,000 against $92,873,000 a year ago. Income from continuing operations before income taxes was $131,294,000 against $77,326,000 a year ago. Income from continuing operations, net of tax was $101,089,000 or $0.68 per basic and diluted share against $45,329,000 or $0.28 per basic and diluted share a year ago. Net income was $105,641,000 or $0.65 per diluted share against $53,814,000 or $0.34 per basic and diluted share a year ago. Non-GAAP operating income was $142,824,000 against $103,715,000 a year ago. Non-GAAP net income was $95,855,000 or $0.59 per share against $63,944,000 or $0.40 per share a year ago. Free cash flow was $155 million for the fourth quarter of 2012, and includes a decrease of $2.3 million in excess benefits from stock-based compensation and excludes $13 million in capital expenditures in the quarter.

For the year, the company's revenues were $873,592,000 against $771,978,000 a year ago. Operating income was $57,327,000 against $29,389,000 a year ago. Income from continuing operations before income taxes was $12,695,000 against $93,587,000 a year ago. Income from continuing operations, net of tax was $12,485,000 or $1.91 per diluted share against $138,556,000 or $0.83 per diluted share a year ago. Net income was $320,032,000 or $1.95 per diluted share against $142,891,000 or $0.86 per diluted share a year ago. Net cash provided by operating activities was $537,630,000 against $335,901,000 a year ago. Purchases of property and equipment were $53,023,000 against $192,660,000 a year ago. Non-GAAP operating income was $491,245,000 against $383,765,000 a year ago. Non-GAAP net income was $322,491,000 or $1.97 per share against $248,954,000 or $1.49 per share a year ago. Free cash flow for 2012 was $503 million, including $18 million in excess tax benefits and excluding $53 million in capital expenditures.

For 2013 the company expected, revenue to be in the range of $945 million to $960 million, representing an annual growth rate of 8% to 10%. Non-GAAP gross margin is expected to be at least 80%. Full year 2013 non-GAAP operating margin is expected to be at least 57%. Non-GAAP interest expense and non-GAAP non-operating income net is expected to be an expense of between $40 million and $42 million for 2013. And capital expenditures for the year are expected to be between $60 million and $80 million.