Deutsche Bank Reiterates a 'Sell' on VeriFone (PAY); Quarter Disappoints

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VeriFone (PAY) Lower After Bricks Revenue

September 5, 2012 4:48 PM EDT

Shares of VeriFone Systems, Inc (NYSE: PAY) are getting crushed in after-hours trading on Wednesday following the release of third quarter earnings. Revenue for the quarter missed estimates, coming in at $493 million versus the $498.34 expected. In the same quarter last year, VeriFone reported $317 million in... More

VeriFone Systems (PAY) Tops Q3 EPS by 5c; Isues Solid Guidance

September 5, 2012 4:03 PM EDT

VeriFone Systems (NYSE: PAY) reported Q3 EPS of $0.75, $0.05 better than the analyst estimate of $0.70. Revenue for the quarter came in at $493 million versus the consensus estimate of $498.34 million.

VeriFone Systems sees FY2012 EPS of $2.73-2.75, versus the consensus of $2.66. VeriFone Systems sees FY2012... More