VeriFone Systems Inc. (PAY) reported second quarter adjusted EPS of $0.37 after the bell Thursday, down from $0.42 in the previous year. The consensus estimate was for EPS of $0.33. The company expects to report third quarter adjusted EPS of $0.33 to $0.34 and between $1.42 and $1.44 for the full year. Analysts are expecting EPS of $0.37 and $1.43.
VeriFone Systems gapped up sharply Friday and is currently higher by 1.96 at $35.78 in early trade. The stock has broken out of a 3-month range and has set a new high for the year.
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