Verifone: disappointing outlook.
(CercleFinance.com) - Released on Friday Verifone's Q3 results (to end-July) included a net loss of 71 million dollars, or 63 cents per share, compared with a previous loss of 31.
1 million dollars, or 28 cents per share a year ago.
Ingenico's competitor reported adjusted EPS of 36 cents, in line with analysts' expectations.
Meanwhile, revenues fell less than expected to 467 million dollars (-4.3% y-o-y), 3 million above the consensus.
However, forecasts are below market expectations, with EPS excluding extraordinary items of 43 cents and revenues in a range of 470 million to 473 million dollars, compared with 46 cents and 474.7 million dollars respectively.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
1 million dollars, or 28 cents per share a year ago.
Ingenico's competitor reported adjusted EPS of 36 cents, in line with analysts' expectations.
Meanwhile, revenues fell less than expected to 467 million dollars (-4.3% y-o-y), 3 million above the consensus.
However, forecasts are below market expectations, with EPS excluding extraordinary items of 43 cents and revenues in a range of 470 million to 473 million dollars, compared with 46 cents and 474.7 million dollars respectively.
Copyright (c) 2017 CercleFinance.com. All rights reserved.