VeriFone Systems (PAY) Tops Q3 EPS by 2c; Guides Well Below the Street

VeriFone Systems (NYSE: PAY) reported Q3 EPS of $0.42, $0.02 better than the analyst estimate of $0.40. Revenue for the quarter came in at $493 million versus the consensus estimate of $515.54 million.

GUIDANCE:

VeriFone Systems sees Q4 2016 EPS of $0.28-$0.29, versus the consensus of $0.48. VeriFone Systems sees Q4 2016 revenue of $460 million, versus the consensus of $536.3 million.

VeriFone Systems sees FY2016 EPS of $1.64-$1.65, versus the consensus of $1.85. VeriFone Systems sees FY2016 revenue of $2 billion, versus the consensus of $2.1 billion.

For earnings history and earnings-related data on VeriFone Systems (PAY) click here.

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