VeriFone Systems Inc. (PAY) reported second quarter adjusted EPS of $0.42 after the bell Wednesday, down from $0.64 in the prior year. The consensus estimate was for EPS of $0.47. Third quarter adjusted EPS is expected to be about $0.20. The consensus estimate is for EPS of $0.50.
VeriFone Systems gapped open sharply lower Thursday and is now down 3.60 at $18.35. The stock is now testing the lows of the year, trading at over a 5-week low.
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