VeriFone Systems (PAY) Reports In-Line Q2 EPS

VeriFone Systems (NYSE: PAY) reported Q2 EPS of $0.30, in-line with the analyst estimate of $0.30. Revenue for the quarter came in at $474 million versus the consensus estimate of $472.64 million.

"Divesting three non-strategic businesses to reallocate resources and capital to core payments and commerce platform."

GUIDANCE:

VeriFone Systems sees Q3 2017 EPS of $0.35-$0.36, versus the consensus of $0.40, revenues of $463-465 million versus consensus of $483.3 million

VeriFone Systems sees FY 2017 EPS of 1.32-$1.34, versus the consensus of $1.37. Sees revenues of $1.861-1.866 billion versus consensus of $1.91 billion.

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

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