UPDATE 1-VeriFone Q2 adjusted profit beats Wall Street view

* Sees Q3 revenue relatively flat to Q2

* Sees Q3 adj EPS $0.15-$0.18 vs est $0.17

* Q2 adj EPS $0.17 vs est $0.15

June 2 (Reuters) - VeriFone Holdings Inc's (PAY.N) (PAY.TA) adjusted quarterly profit beat Wall Street estimates helped by cost controls.

The maker of credit-card payment machines said it expects third-quarter revenue to be relatively flat to the second quarter revenue of $201.6 million.

"It is still too early to predict when VeriFone's revenue will rebound," Chief Executive Douglas Bergeron said in a statement.

It expects net income of 15 cents to 18 cents a share, excluding items, for the third quarter.

For the second quarter, the company earned $18.6 million, or 22 cents a share, compared with a loss of $18.0 million, or 21 cents a share, a year ago. Adjusted profit was 17 cents a share. Revenue fell 13.5 percent.

Total cost of net revenue fell 14 percent, while operating expenses declined 33 percent during the quarter.

Analysts on average were expecting the company to post a profit of 17 cents a share, before items, on revenue of $206.7 million, according to Reuters Estimates.

VeriFone shares closed at $8.18 Tuesday on New York Stock Exchange.

For alerts, please double click [ID:nWNAB5851] (Reporting by Jennifer Robin Raj in Bangalore; Editing by Vinu Pilakkott)