VeriFone Systems, Inc (PAY) announced earnings for its third quarter that rose from last year.
The company said its bottom line came in at $54.3 million, or $0.47 per share. This was up from $45.3 million, or $0.40 per share, in last year's third quarter.
Analysts had expected the company to earn $0.46 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 7.1% to $510 million. This was up from $476 million last year.
VeriFone Systems, Inc earnings at a glance:
-Earnings (Q3): $54.3 Mln. vs. $45.3 Mln. last year.
-Earnings Growth (Y-o-Y): 19.9%
-EPS (Q3): $0.47 vs. $0.40 last year.
-EPS Growth (Y-o-Y): 17.5%
-Analysts Estimate: $0.46
-Revenue (Q3): $510 Mln vs. $476 Mln last year.
-Revenue Change (Y-o-Y): 7.1%
-Guidance:
Next quarter EPS guidance: $0.47 - $0.48
Next quarter revenue guidance: $510 - $513 Mln
Full year EPS guidance: $1.82 - $1.83
Full year revenue guidance: $1.99 - $2.00 Bln
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