Form 8-K

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 


 

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported): October 23, 2003

 

VERISIGN, INC.

(Exact name of Registrant as specified in its charter)

 

Delaware   0-23596   94-3221585

(State or Other Jurisdiction of

Incorporation or Organization)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

487 East Middlefield Road, Mountain View, CA 94043

(Address of Principal Executive Offices) (Zip Code)

 

Registrant’s telephone number, including area code: (650) 961-7500


Item 7:    Financial Statements and Exhibits.

 

(c) Exhibits

 

  99.1 Text of press release of VeriSign, Inc. issued on October 23, 2003.

 

Item 9:    Regulation FD Disclosure (Information Provided Under Item 12 – Results of Operations and Financial Condition).

 

On October 23, 2003, VeriSign, Inc. (“VeriSign” or the “Company”) announced its financial results for the fiscal quarter ended September 30, 2003 and certain other information. A copy of this press release is attached hereto as Exhibit 99.1.

 

The information required by Form 8-K, Item 12—Results of Operations and Financial Condition, is being provided under Item 9 pursuant to SEC Release No. 33-8216. The information in this Form 8-K and the Exhibit attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

 

Use of Non-GAAP Financial Information

 

To supplement our consolidated financial statements presented in accordance with generally accepted accounting principles in the United States (“GAAP”), VeriSign provides non-GAAP measures of operating results, net income and earnings per share that do not include the following financial measures that are normally included in GAAP: amortization and write-down of goodwill and other intangible assets, the gain and write-down of certain investments, restructuring and other charges and non-cash stock-based compensation charges related to acquisitions.

 

We believe that this non-GAAP, pro forma information enhances an investor’s overall understanding of our financial performance and our prospects for the future by excluding expenses and other items that in management’s view are not indicative of our core operating results. VeriSign’s management reviews this information when assessing the performance of its ongoing operations and for planning and forecasting in future periods. In addition, since we have historically reported non-GAAP pro forma information to the investment community, we believe the inclusion of this information provides consistency in our financial reporting. The non-GAAP pro forma information included in our press release has been reconciled to the comparable GAAP measure as required under SEC rules regarding the use of non-GAAP financial measures. We urge investors to carefully review the GAAP financial information included as part of our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q, and our quarterly earnings releases.


SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

        VERISIGN, INC.
Date: October 23, 2003       By:   /s/    JAMES M. ULAM
       

James M. Ulam

Senior Vice President, General Counsel and Secretary

 


Exhibit Index

 

Exhibit No.

  

Description


Exhibit 99.1    Press release of VeriSign, Inc. dated October 23, 2003.