Verifone Systems (PAY) reported Q3 revenue of $510 million, better than the analyst consensus of $500 million on Capital IQ. Non-GAAP earnings were $0.47 per share, a penny ahead of the Street view.
For Q4, the company expects revenue in the range of $510 to $513 million, vs. the Street view of $522 million. EPS is seen at $0.47 to $0.48, below expectations of $0.51 per share.
For FY 2015, it is targeting revenue of $1.997 to $2.0 billion, below expectations of $2.159 billion. EPS is seen at $1.82 to $1.83, vs. Street estimates of $1.85 per share.
1 Chart Pattern Every Investor Should Know
This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...