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Verifone Systems Inc (PAY.N)

PAY.N on New York Stock Exchange

18.02USD
24 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Verifone, Gas Station TV form joint venture
Wednesday, 12 Apr 2017 08:00am EDT 

Verifone Systems Inc : Verifone systems - co, Gas Station TV announced a 50-50 joint venture that combines assets and operations of Verifone's pump media division with GSTV . Verifone Systems Inc - financial terms of joint venture were not disclosed . Combined business will operate under GSTV brand . Verifone Systems Inc - company will be located at current GSTV headquarters in Detroit . Members of existing GSTV and Verifone Pump Media Management teams will lead new joint venture .Verifone Systems Inc - both companies will have equal representation on new company's board of directors.  Full Article

Verifone Systems reports Q1 GAAP loss per share $0.15
Thursday, 9 Mar 2017 04:02pm EST 

Verifone Systems Inc : Verifone reports results for the first quarter of fiscal 2017, revenue and eps exceeded guidance . Q1 non-GAAP earnings per share $0.21 . Q1 GAAP loss per share $0.15 . Sees FY 2017 non-GAAP earnings per share $1.35 to $1.39 . Sees FY 2017 gaap earnings per share about $0.32 to $0.36 . Sees Q2 GAAP and non-GAAP net revenues of approximately $470 million to $474 million . Q1 earnings per share view $0.20 -- Thomson Reuters I/B/E/S . Sees Q2 GAAP net income per diluted share of approximately $0.04 . Sees Q2 non-GAAP net income per diluted share of $0.29 . Qtrly GAAP net revenue $454 million versus $514 million . Q1 revenue view $450.1 million -- Thomson Reuters I/B/E/S . FY2017 earnings per share view $1.37, revenue view $1.91 billion -- Thomson Reuters I/B/E/S .Q2 earnings per share view $0.33, revenue view $472.2 million -- Thomson Reuters I/B/E/S.  Full Article

Verifone systems investigating breach of internal computer networks- Krebsonsecurity
Tuesday, 7 Mar 2017 01:27pm EST 

: Payments company Verifone Systems Inc investigating breach - Krebsonsecurity . Verifone says the extent of the breach was limited to its corporate network and that its payment services network was not impacted - Krebsonsecurity .Verifone is investigating a breach of internal computer networks that appears to have impacted a number of cos running its point-of-sale solutions - Krebsonsecurity.  Full Article

Causeway Capital Management reports 6.43 percent passive stake in Verifone Systems as of December 31, 2016
Tuesday, 14 Feb 2017 01:17pm EST 

Causeway Capital Management LLC :Causeway Capital Management LLC reports a 6.43 percent passive stake in Verifone Systems Inc as of December 31, 2016-SEC filing.  Full Article

Verifone Systems Q4 non-gaap earnings per share $0.30
Monday, 12 Dec 2016 04:04pm EST 

Verifone Systems Inc : Qtrly gaap net revenues of $464 million and non-gaap net revenues of $468 million . Sees q1 gaap net revenues of approximately $446 million, non-gaap net revenues of approximately $450 million . Fy2017 earnings per share view $1.59, revenue view $1.92 billion -- Thomson Reuters I/B/E/S . Sees q1 gaap net loss per diluted share of approximately $0.08, non-gaap net income per diluted share of $0.20 . Q1 earnings per share view $0.36, revenue view $471.3 million -- Thomson Reuters I/B/E/S . Verifone reports results for the fourth quarter and full year fiscal 2016 . Q4 non-gaap earnings per share $0.30 . Q4 gaap loss per share $0.04 . Q4 earnings per share view $0.29 -- Thomson Reuters I/B/E/S . Sees FY 2017 non-gaap earnings per share $1.35 to $1.39 . Sees FY 2017 gaap earnings per share about $0.37 to $0.41 .Sees FY 2017 revenue about $1.895 billion to $1.91 billion.  Full Article

Verifone Systems says to reduce headcount and review underperforming businesses
Tuesday, 7 Jun 2016 04:02pm EDT 

Verifone Systems Inc : Qtrly GAAP net revenues of $526 million and non-GAAP net revenues of $532 million . Executing mitigating actions including a headcount restructuring and a review of underperforming businesses . Intends to reduce headcount and estimates that these activities in total will generate approximately $30 million of savings in 2017 . Sees Q3 non-GAAP net revenues of $515 million . Sees Q3 non-GAAP net income per diluted share of $0.40 . Sees FY non-GAAP net revenues of $2.100 billion . Sees FY non-GAAP net income per diluted share of $1.85 . Conducting strategic review to address underperforming businesses and reduce overall operating expense levels . Qtrly GAAP net revenue $526 million versus $490 million . FY earnings per share view $2.23, revenue view $2.16 billion -- Thomson Reuters I/B/E/S . Q3 earnings per share view $0.59, revenue view $551.7 million -- Thomson Reuters I/B/E/S . Q2 revenue view $530.1 million -- Thomson Reuters I/B/E/S . Verifone reports results for the second quarter of fiscal 2016 . Q2 non-GAAP earnings per share $0.47 . Q2 GAAP earnings per share $0.03 . Q2 earnings per share view $0.52 -- Thomson Reuters I/B/E/S .Sees FY 2016 revenue $2.1 billion.  Full Article

VeriFone Systems Inc gives Q1, FY 2016 guidance; EPS guidance below analysts' estimates
Monday, 14 Dec 2015 04:01pm EST 

VeriFone Systems Inc:Guidance for FY 2016 is as follows.Sees FY 2016 Non-GAAP net revenues of $2,090 million to $2,110 million.Sees FY 2016 Non-GAAP net income per diluted share of $2.15 to $2.17.Sees Q1 2016 Non-GAAP net revenues of $500 million.Sees Q1 2016 Non-GAAP net income per diluted share of $0.45.Q1 2016 revenue of $502 million and EPS of $0.50 - Thomson Reuters I/B/E/S.FY 2016 revenue of $2.10 billion and EPS of $2.18 - Thomson Reuters I/B/E/S.  Full Article

VeriFone Systems Inc acquires InterCard AG
Monday, 9 Nov 2015 09:15am EST 

VeriFone Systems Inc:Adds payment as a service capabilities in Germany with acquisition of Intercard AG.Says terms of the deal are not disclosed.  Full Article

VeriFone Systems Inc Announces $200 Million Share Repurchase Authorization
Monday, 28 Sep 2015 06:30am EDT 

VeriFone Systems Inc:Announces $200 million share repurchase authorization.Says authorization has no set expiration date, but is intended to be completed over the next 12 months.  Full Article

VeriFone Systems Inc gives Q4 2015 guidance below analysts' estimates; raises low end of prior FY 2015 revenue guidance; narrows FY 2015 EPS guidance
Thursday, 3 Sep 2015 04:01pm EDT 

VeriFone Systems Inc:Sees Q4 2015 Non-GAAP net revenues of $510 million to $513 million.Sees Q4 2015 Non-GAAP net income per diluted share of $0.47 to $0.48.Sees FY 2015 Non-GAAP net revenues of $1.997 billion to $2.0 billion.Sees FY 2015 Non-GAAP net income per diluted share of $1.82 to $1.83.Q4 2015 revenue of $522 million and EPS of $0.51 - Thomson Reuters I/B/E/S.FY 2015 revenue of $2.0 billion and EPS of $1.85 - Thomson Reuters I/B/E/S.  Full Article

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BRIEF-Verifone Systems reports Q1 GAAP loss per share $0.15

* Verifone reports results for the first quarter of fiscal 2017, revenue and eps exceeded guidance