September 4, 2014 / 11:42 AM / 3 years ago

REFILE-VeriFone quarterly revenue rises 14 pct

(Corrects dateline to Sept 4 from Sept 2)

Sept 4 (Reuters) - VeriFone Systems Inc, a maker of credit card swipe machines, reported a 14 percent increase in third-quarter revenue, helped by higher demand for devices that can accept credit cards embedded with chips.

The net loss attributable to the company’s stockholders increased to $29 million, or 26 cents per share, in the quarter ended July 31, from a loss of $1.9 million, or 2 cents per share, a year earlier as expenses rose about 21 percent.

Revenue rose to $476 million from $416 million a year earlier. (Reporting by Soham Chatterjee in Bangalore; Editing by Saumyadeb Chakrabarty)

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