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Verifone Systems Inc (PAY)

PAY on New York Consolidated

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19 Apr 2018
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Latest Key Developments (Source: Significant Developments)

Verifone Systems Says Vertex Holdco To Be Required To Pay Fee Of $186.6 Mln If Merger Agreement Is Terminated Under Certain Circumstances
Monday, 9 Apr 2018 05:50pm EDT 

April 9 (Reuters) - Verifone Systems Inc ::VERIFONE SYSTEMS - VERTEX HOLDCO TO BE REQUIRED TO PAY FEE OF $186.6 MLN IF MERGER AGREEMENT IS TERMINATED UNDER CERTAIN CIRCUMSTANCES - SEC FILING.VERIFONE SYSTEMS - CO TO PAY TERMINATION FEE OF $86.6 MLN, UNDER CERTAIN SPECIFIED CONDITIONS, OR IF TERMINATED BEFORE NO-SHOP START DATE, $33.3 MLN FEE .  Full Article

Verifone Reports Q1 GAAP Earnings Per Share Of $0.06
Thursday, 8 Mar 2018 04:05pm EST 

March 8 (Reuters) - Verifone Systems Inc ::VERIFONE REPORTS RESULTS FOR THE FIRST QUARTER OF FISCAL 2018.Q1 NON-GAAP EARNINGS PER SHARE $0.23.Q1 GAAP EARNINGS PER SHARE $0.06.Q1 REVENUE $437 MILLION VERSUS I/B/E/S VIEW $419.4 MILLION.Q1 EARNINGS PER SHARE VIEW $0.22 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 NON-GAAP EARNINGS PER SHARE $1.47 TO $1.50.SEES Q2 2018 NON-GAAP EARNINGS PER SHARE $0.27 TO $0.28.SEES FY 2018 GAAP EARNINGS PER SHARE ABOUT $0.66 TO $0.69.SEES Q2 2018 GAAP EARNINGS PER SHARE ABOUT $0.08 TO $0.09.SEES FY 2018 REVENUE ABOUT $1.787 BILLION TO $1.812 BILLION.REAFFIRMS GROWTH OUTLOOK FOR FULL YEAR FISCAL 2018.FY2018 EARNINGS PER SHARE VIEW $1.48, REVENUE VIEW $1.80 BILLION -- THOMSON REUTERS I/B/E/S.SEES Q2 2018 GAAP AND NON-GAAP NET REVENUES OF APPROXIMATELY $435 MILLION.Q2 EARNINGS PER SHARE VIEW $0.32, REVENUE VIEW $440.3 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Verifone Systems Says Will Enable North America Payment Devices To Support All Mastercard EMV Transactions
Tuesday, 27 Feb 2018 08:00am EST 

Feb 27 (Reuters) - Mastercard Inc ::VERIFONE SYSTEMS SAYS WILL ENABLE NORTH AMERICA PAYMENT DEVICES TO SUPPORT ALL MASTERCARD EMV TRANSACTIONS.  Full Article

Verifone Systems Says Its Units Entered Into Amendment And Restatement Agreement
Wednesday, 7 Feb 2018 05:22pm EST 

Feb 7 (Reuters) - Verifone Systems Inc ::VERIFONE SYSTEMS SAYS ON FEB 2, UNITS ENTERED INTO AMENDMENT AND RESTATEMENT AGREEMENT - SEC FILING.VERIFONE SYSTEMS SAYS NEW FACILITIES MADE AVAILABLE TO REPAY FACILITIES UNDER EXISTING CREDIT AGREEMENT.VERIFONE SYSTEMS INC - ‍AMENDMENT AND RESTATEMENT AGREEMENT PROVIDES FOR SENIOR SECURED CREDIT FACILITIES IN AN AGGREGATE AMOUNT OF UP TO $1.4 BILLION​.  Full Article

Verifone And Alipay Simplify Payment Acceptance For Chinese Tourists At Lacoste Stores
Thursday, 11 Jan 2018 08:00am EST 

Jan 11 (Reuters) - Alibaba Group Holding Ltd ::VERIFONE SYSTEMS - CO, ALIPAY ANNOUNCED THAT THEY HAVE EXPANDED THEIR GLOBAL PARTNERSHIP TO ENABLE SELECT LACOSTE U.S. STORES TO ACCEPT ALIPAY.  Full Article

Verifone Adds Two Members To Its Board Of Directors
Wednesday, 20 Dec 2017 04:15pm EST 

Dec 20 (Reuters) - Verifone Systems Inc ::VERIFONE ADDS TWO MEMBERS TO ITS BOARD OF DIRECTORS.VERIFONE SYSTEMS INC - EITAN RAFF HAS RESIGNED EFFECTIVE YESTERDAY, FOLLOWING A 10-YEAR TENURE AS A MEMBER OF VERIFONE'S BOARD.VERIFONE SYSTEMS INC - APPOINTMENT OF RONALD BLACK AND LARRY KLANE TO ITS BOARD OF DIRECTORS.  Full Article

Verifone Systems Unit Enters Asset Purchase Agreement With Curb Technologies
Friday, 15 Dec 2017 01:23pm EST 

Dec 15 (Reuters) - Verifone Systems Inc ::VERIFONE SYSTEMS SAYS ON DEC 11, UNIT ENTERED INTO ASSET PURCHASE AGREEMENT WITH CURB TECHNOLOGIES - SEC FILING.VERIFONE SYSTEMS-PURSUANT TO AGREEMENT, UNIT AGREED TO SELL TO CURB CERTAIN ASSETS&LIABILITIES OF VERIFONE TAXI SOLUTIONS BUSINESS FOR $30 MILLION IN CASH.VERIFONE SYSTEMS SAYS IN RELATION TO AGREEMENT, UNIT RECEIVED 10 PERCENT EQUITY STAKE IN LIMITED LIABILITY CO THAT IS INDIRECT PARENT OF CURB.VERIFONE SYSTEMS INC - CURB ALSO ASSUMED RESPONSIBILITY FOR $50.3 MILLION OF ASSOCIATED OPERATING LEASE COMMITMENTS.  Full Article

Verifone Systems Q4 Gaap Earnings Per Share $0.03
Tuesday, 12 Dec 2017 04:05pm EST 

Dec 12 (Reuters) - Verifone Systems Inc ::VERIFONE REPORTS RESULTS FOR THE FOURTH QUARTER AND FULL YEAR FISCAL 2017.SEES FY 2018 NON-GAAP EARNINGS PER SHARE $1.47 TO $1.50.Q4 NON-GAAP EARNINGS PER SHARE $0.44.Q4 GAAP EARNINGS PER SHARE $0.03.SEES FY 2018 REVENUE $1.775 BILLION TO $1.8 BILLION.Q4 EARNINGS PER SHARE VIEW $0.43 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 GAAP EARNINGS PER SHARE ABOUT $0.66 TO $0.69.Q4 REVENUE $477 MILLION VERSUS I/B/E/S VIEW $472.5 MILLION.  Full Article

Verifone systems says ‍co, Alipay announced extension of their existing global partnership to Verifone Taxi Solutions​
Tuesday, 17 Oct 2017 08:00am EDT 

Oct 17 (Reuters) - Alibaba Group Holding Ltd :Verifone Systems Inc - ‍co, Alipay announced extension of their existing global partnership to Verifone Taxi Solutions​.Verifone Systems -‍through deal, chinese consumers traveling in new york, las vegas will be able to pay for taxis in U.S. using Alipay mobile wallet​.  Full Article

Verifone Q3 non-GAAP earnings per share $0.36
Thursday, 7 Sep 2017 04:04pm EDT 

Sept 7 (Reuters) - Verifone Systems Inc :Verifone reports financial results for third quarter of fiscal 2017.Q3 non-GAAP earnings per share $0.36.Q3 GAAP loss per share $0.63.Q3 earnings per share view $0.36 -- Thomson Reuters I/B/E/S.Sees FY 2017 revenue about $1.864 billion to $1.867 billion.Q3 revenue $467 million versus I/B/E/S view $464.2 million.Sees FY 2017 GAAP loss per share $1.36.Verifone Systems Inc sees ‍non-GAAP net income per diluted share of $1.30​ for FY 2017.FY2017 earnings per share view $1.33 -- Thomson Reuters I/B/E/S.FY2017 revenue view $1.87 billion -- Thomson Reuters I/B/E/S.Verifone Systems Inc sees ‍for full fiscal year 2017, non-GAAP net revenues of approximately $1.867 billion to $1.870 billion​.  Full Article

BRIEF-Verifone Systems Says Vertex Holdco To Be Required To Pay Fee Of $186.6 Mln If Merger Agreement Is Terminated Under Certain Circumstances

* VERIFONE SYSTEMS - VERTEX HOLDCO TO BE REQUIRED TO PAY FEE OF $186.6 MLN IF MERGER AGREEMENT IS TERMINATED UNDER CERTAIN CIRCUMSTANCES - SEC FILING