George Kilguss
Executive VP & CFO at VeriSign
During the quarter, the company issued $500,000,000 of new 5.25% senior notes due 02/1932 to refinance the company's existing $500,000,000 five point two five percent 2025 senior notes, which matured on April 1. Operating cash flow for the first quarter of twenty twenty five was $291,000,000 and free cash flow was $286,000,000 compared with the $257,000,000 and $254,000,000 respectively, in the year ago quarter. I'll now discuss our updated full year 2025 guidance. Revenue is now expected to be between $1,635,000,000 and 1,650,000,000.00 Operating income is now expected to be between $1,110,000,000 and $1,125,000,000 Interest expense and non operating income net, which includes interest income estimates, is still expected to be an expense of between $50,000,000 and $60,000,000 Capital expenditures are still expected to be between $30,000,000 and $40,000,000 And the GAAP effective tax rate is still expected to be between 2124%. In summary, VeriSign continued to demonstrate sound financial discipline during the quarter.