VeriFone Systems (PAY) Misses Q4 EPS by 3c, Offers Q1 & FY16 Guidance

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Go back to VeriFone Systems (PAY) Misses Q4 EPS by 3c, Offers Q1 & FY16 Guidance

Verifone Reports Results for the Fourth Quarter and Full Year Fiscal 2015

December 14, 2015 4:01 PM EST

Record Annual Revenue of $2 billion as Q4 Revenue and EPS Exceed Guidance

SAN JOSE, Calif.--(BUSINESS WIRE)-- VeriFone Systems, Inc. (NYSE: PAY), the global leader in secure electronic payment solutions, today announced financial results for the fourth quarter and fiscal year ended October 31, 2015.

We had a strong quarter closing out an important year for Verifone, said Paul Galant, Chief Executive Officer of Verifone. In 2015, we accelerated our revenue growth to 16% on a constant currency basis and improved our profitability. We also generated improved cash flow and completed the first half of our $200 million stock... More