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Verifone Systems Inc (PAY.N)

PAY.N on New York Stock Exchange

18.30USD
19 Jan 2018
Change (% chg)

$0.41 (+2.29%)
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$17.89
Open
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Volume
284,485
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380,058
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$21.48
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$16.80

Latest Key Developments (Source: Significant Developments)

Verifone And Alipay Simplify Payment Acceptance For Chinese Tourists At Lacoste Stores
Thursday, 11 Jan 2018 

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 

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 

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 

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 

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 Systems says to reduce headcount and review underperforming businesses
Tuesday, 7 Jun 2016 

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

BRIEF-Verifone And Alipay Simplify Payment Acceptance For Chinese Tourists At Lacoste Stores

* VERIFONE SYSTEMS - CO, ALIPAY ANNOUNCED THAT THEY HAVE EXPANDED THEIR GLOBAL PARTNERSHIP TO ENABLE SELECT LACOSTE U.S. STORES TO ACCEPT ALIPAY Source text for Eikon: Further company coverage: