Verifone Reports Results for the Third Quarter of Fiscal 2015

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Wedbush Cuts Price target on VeriFone Systems (PAY) to $40 Following 3Q15

September 4, 2015 7:29 AM EDT

Wedbush maintained an Outperform rating on VeriFone (NYSE: PAY), and cut the price target to $40.00 (from $47.00), following the company's 3Q15 earnings results. Revenue of $510 million beat consensus of $501 million. Non-GAAP EPS of $0.47 beat consensus by a penny. PAY issued FQ4 revenue guidance of $510-$513... More

VeriFone Systems (PAY) Tops Q3 EPS by 1c, Guides Q4 Below Street

September 3, 2015 4:03 PM EDT

VeriFone Systems (NYSE: PAY) reported Q3 EPS of $0.47, $0.01 better than the analyst estimate of $0.46. Revenue for the quarter came in at $510 million versus the consensus estimate of $500.79 million.

VeriFone Systems sees Q4 2015 EPS of $0.47-$0.48, versus the consensus of $0.51. VeriFone Systems sees Q4 2015... More