VeriSign (Nasdaq: VRSN) blamed is Q2 net losses and revenue decline on restructuring charges. The network security company posted a net loss of $4.7 million, or 2 cents per share, versus $376.8 million, or $1.52 per share, during the same period last year. On a non-GAAP basis, earnings were $62 million, or 25 cents a share. Revenue fell 6.3 percent to $363.2 million from $387 million in Q206. Also included in the Mountain View, CA.-based company’s report:
— Mobile content subsidiary Jamba, which VeriSign owns 49 percent of, contributed $4 million of revenue to VeriSign in Q2.
— The Communications Services Group delivered revenues of $143 million.
— The Content group, which includes messaging services, generated $39 million in revenue. Earnings release (PDF) | Webcast
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