VeriFone Systems (PAY) 4Q EPS Beat Driven by Strong NA Growth; Piper Jaffray Reiterates Outperform
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Verifone Reports Results for the Fourth Quarter and Full Year Fiscal 2015
December 14, 2015 4:01 PM ESTRecord Annual Revenue of $2 billion as Q4 Revenue and EPS Exceed Guidance
SAN JOSE, Calif.--(BUSINESS WIRE)-- VeriFone Systems, Inc. (NYSE: PAY), the global leader in secure electronic payment solutions, today announced financial results for the fourth quarter and fiscal year ended October 31, 2015.
We had a strong quarter closing out an important year for Verifone, said Paul Galant, Chief Executive Officer of Verifone. In 2015, we accelerated our revenue growth to 16% on a constant currency basis and improved our profitability. We also generated improved cash flow and completed the first half of our $200 million stock... More
