Reglikedomain industry desk

Neustar notes earnings, .Co grossed $4.4 million last quarter

.Co buyout helps boost revenue at Neustar.

Neustar noted third quarter earnings following the bell today.

The firm, which operates .us, .biz and .co, noted a 7% lift in revenue and a 1% increase in net income compared to the third quarter of 2013.

A big growth driver was the addition of .Co, which the firm purchased in March. .Co added $4.4 million to the revenue line during the third quarter.

Neustar originally noted the purchase price of .Co as $109 million. It has since increased that for accounting purposes to $115.1 million based on working capital accounts at the time of buyout; this is still a preliminary number. The deal also included a performance bonus of up to $6.0 million.

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