VeriFone Systems Inc. (PAY). The credit card swipe machine maker posted better-than-expected quarterly results and raised its full-year outlook as it ropes in more customers for mobile payment technologies. The company expects fourth-quarter adjusted earnings of 49-50 cents per share on sales of $395-$400 million. Third-quarter net income rose to $26.3 million, or 28 cents a share, from $18.5 million, or 21 cents a share, last year.
Verifone is up 5% premarket to 36.52
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment