Verifone Reports Results for the Fourth Quarter and Full Year Fiscal 2016

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VeriFone Systems (PAY) Sees Strong Red-to-Green Reversal Post Earnings

December 13, 2016 9:54 AM EST

After opening lower, VeriFone Systems (NYSE: PAY) is now up 7.8% despite lackluster results and lower guidance after the close.

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VeriFone Systems (PAY) Tops Q4 EPS by 1c; Guides Below the Street

December 12, 2016 4:06 PM EST

VeriFone Systems (NYSE: PAY) reported Q4 EPS of $0.30, $0.01 better than the analyst estimate of $0.29. Revenue for the quarter came in at $468 million versus the consensus estimate of $461.39 million.

GUIDANCE:

VeriFone Systems sees Q1 2017 EPS of $0.20, versus the consensus of $0.36. VeriFone Systems sees Q1 2017... More