Hypercom
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Looking Beyond the Face Value of VeriFone Systems’ Results
By Himanshu Poddar - June 1, 2012 | Tickers: EBAY, GOOG, HYC.DL, PAY
The announcement of second quarter results of the electronic payment company, VeriFone Systems (NYSE: PAY), made its shares plunge by almost 8%. The results did not meet the Street’s expectations and the company provided a weak outlook for the next quarter and for the fiscal year. But is this the real picture of the financial results of the company? Let’s find out.
A valuable performance with a grain more »