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Verifone Systems Inc (PAY)

PAY on New York Consolidated

18.92USD
18 Aug 2017
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$0.16 (+0.83%)
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Latest Key Developments (Source: Significant Developments)

Verifone reports Q2 loss per share of $0.80
Thursday, 8 Jun 2017 04:02pm EDT 

June 8 (Reuters) - Verifone Systems Inc :Verifone reports financial results for second quarter of fiscal 2017.Q2 non-GAAP earnings per share $0.30.Q2 GAAP loss per share $0.80.Q2 earnings per share view $0.29 -- Thomson Reuters I/B/E/S.Sees Q3 2017 non-GAAP earnings per share $0.35 to $0.36.Sees FY 2017 non-GAAP earnings per share $1.32 to $1.34.Sees Q3 2017 GAAP earnings per share about $0.14 to $0.15.Sees FY 2017 GAAP loss per share about $0.51 to $0.53.Sees FY 2017 revenue about $1.861 billion to $1.866 billion.Q2 revenue $474 million versus I/B/E/S view $472.6 million.Divesting three non-strategic businesses to reallocate resources and capital to core payments and commerce platform.Sees FY ‍non-GAAP net revenues of approximately $1.865 billion to $1.870 billion​.Sees GAAP and non-GAAP net revenues of approximately $463 million to $465 million in Q3.FY2017 earnings per share view $1.37, revenue view $1.91 billion -- Thomson Reuters I/B/E/S.Q3 earnings per share view $0.40, revenue view $483.3 million -- Thomson Reuters I/B/E/S.Intends to divest China business into locally-owned and operated company in which verifone will continue to hold a minority interest.Full-year guidance now reflects deconsolidation of financial expectations attributable to China in second half of 2017.  Full Article

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

BRIEF-Verifone reports Q2 loss per share of $0.80

* Verifone reports financial results for second quarter of fiscal 2017