VeriFone Systems Inc. (PAY: Quote) announced after the bell Wednesday that it expects to report first quarter non-GAAP net income per share between $0.47 and $0.50. Second quarter non-GAAP EPS is expected to be between $0.45 and $0.50. The consensus estimates are for EPS of $0.73 and $0.80 respectively.
VeriFone Systems has gapped open dramatically lower Thursday and is now down 11.69 at $20.20 on strong volume. The stock has plunged to a new low for the year.
Click here to receive FREE breaking news email alerts for VeriFone Systems, Inc and others in your portfolio
by RTT Staff Writer
For comments and feedback: email@example.com