VeriFone Systems Inc. (NYSE: PAY) reported a loss for the first quarter of 3 cents per share compared with income of 35 cents per share in the year ago period but the results were better than expected and the company forecast full year results ahead of estimates. Shares of the electronic payment solutions company leaped $3.69 to close at $50.24.
VeriFone Systems Tops Estimates
March 06, 2012 at 16:20 PM EST