VeriFone Systems Inc. stock
Image source: VeriFone Systems. What happened Shares of Verifone Systems, Inc. were down 19.1% as of 11:30 a.m. ET Wednesday after the payments and commerce solutions company announced weaker-than-expected fiscal third-quarter 2016 revenue. So what Adjusted quarterly revenue fell 3.4% year over year, to $493 million, and translated to a 10.6% decline in adjusted net income per diluted share, to $0.42. By comparison, Verifone's guidance [...]
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