Jefferies Reiterates Buy as VeriFone Systems (PAY) Cuts Guidance
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Verifone Reports Results for the Second Quarter of Fiscal 2016
June 7, 2016 4:02 PM EDTSAN JOSE, Calif.--(BUSINESS WIRE)-- Verifone (NYSE: PAY), a world leader in payments and commerce solutions, today announced financial results for the three months ended April 30, 2016.
Second Quarter Financial Highlights
GAAP net revenues of $526 million and Non-GAAP net revenues of $532 million GAAP net income per diluted share of $0.03 Non-GAAP net income per diluted share of $0.47 Operating cash flow of $51 millionQ2 was a mixed quarter for Verifone as we grew... More
