VeriFone Holdings, Inc. (PAY) Message Board

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Technology Stocks : VeriFone Holdings, Inc. (PAY)

PAY 35.48

-1.8%

3:59 PM EST

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From: JakeStraw	3/2/2011 8:25:14 AM
	1 Recommendation of 186

VeriFone Reports Results for the First Quarter of Fiscal 2011 finance.yahoo.com “VeriFone posted a remarkable first quarter with record revenue, accelerating growth rates, and expanding margins,” said Douglas G. Bergeron, Chief Executive Officer. “Every region grew by a double digit percentage, and our transformational service initiatives made significant advances in the quarter. We are excited about our prospects for 2011 and beyond,” Bergeron added. “We find ourselves at the epicenter of the mobile payments revolution and the key enabler of the integration of new payment methods with the world's existing payment infrastructure.” VeriFone is also raising revenue and earnings guidance for the full fiscal year 2011. The company expects to report FY11 net revenues in the range of $1,150 million to $1,160 million and non-GAAP net income per diluted share in the range of $1.75 to $1.80, excluding any impact from the Hypercom acquisition.

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