VeriFone Systems (PAY) Reports In-Line Q1 EPS; Issues Mixed Outlook

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Verifone Reports Results for the First Quarter of Fiscal 2018

March 8, 2018 4:05 PM EST

SAN JOSE, Calif.--(BUSINESS WIRE)-- Verifone (NYSE: PAY), a world leader in payments and commerce solutions, today announced financial results for the three months ended January 31, 2018.

First Quarter 2018 Financial Highlights (1)

Non-GAAP net revenue and EPS results ahead of guidance GAAP net revenues of $437 million GAAP net income per diluted share of $0.06 Non-GAAP net revenues of $425 million Non-GAAP net income per diluted share of $0.23 Services growth of 11%; Comprise 43% of Non-GAAP net... More