$PAY (VeriFone Systems, Inc.)

$PAY {{ '2016-09-01T21:31:11+0000' | timeago}} • Webcast

$PAY ended 3Q16 with total cash of $157MM, gross debt of $974MM and net debt of $817MM. For 3Q16, cash flow from operations was $13MM and Capex was $24MM.

$PAY {{ '2017-10-17T14:23:26+0000' | timeago}} • Announcement

$PAY and China's leading third-party payment platform Alipay, announced the extension of their existing global partnership to Verifone Taxi Solutions. Through the agreement, Chinese consumers traveling in New York and Las Vegas will be able to pay for taxis in the U.S. for the first time using their Alipay Mobile Wallet.

$PAY {{ '2017-09-26T15:45:15+0000' | timeago}} • Announcement

$PAY announced the full market availability of the first two devices in the Verifone Engage family of payment solutions in South Korea. Both have passed the mandatory and rigorous Korea Certification product inspection and meet Korea’s EMV standards.

$PAY {{ '2017-09-08T14:37:03+0000' | timeago}} • Webcast

$PAY said in terms of device connectivity, it had 301,000 connected devices as of the end of 3Q17. The company believes it will hit the 400,000 devices target and then continue to grow. At present, the backlog stands between 175,000 and 200,000 devices. $PAY sees expansion opportunities in this area.

$PAY {{ '2017-09-08T14:36:43+0000' | timeago}} • Webcast

$PAY is seeing a more stabilized trend across Latin America. The company is more diversified both on the geographic and business sides. $PAY is looking to expand its digital services in countries like Mexico where it has a gateway network so there will be more business in Mexico around payment-as-a-service.

$PAY {{ '2017-09-08T14:14:48+0000' | timeago}} • Webcast

For 3Q17, in North America, $PAY delivered revenue of $153MM, down 3% sequentially. In Latin America, revenues were $71MM, up 29% YoY. In Europe, Middle East and Africa, revenues of $194MM were up 2% from the prior year and up 9% sequentially. In Asia, revenues of $49MM were down 35% sequentially and 4% YoY.

$PAY {{ '2017-09-08T14:14:32+0000' | timeago}} • Webcast

During 3Q17, $PAY saw growth in its Engage and Carbon sales pipeline. The company is generating revenue in production with its Engage devices in seven countries. Looking at its pipeline into 4Q17, $PAY will generate Engage revenue in 15 countries including North America before FY17-end.

$PAY {{ '2017-09-07T21:50:29+0000' | timeago}} • Infographic

$PAY VeriFone Systems Inc. Earnings AlphaGraphic: Q3 2017 Highlights

$PAY {{ '2017-09-07T20:31:44+0000' | timeago}} • Announcement

For FY17, $PAY expects GAAP net revenues of approx. $1.864-1.867Bil and GAAP net loss per diluted share of approx. $1.36. Non-GAAP net revenues are expected to be approx. $1.867-1.870Bil and non-GAAP diluted EPS is expected to be $1.30.

$PAY {{ '2017-09-07T20:30:51+0000' | timeago}} • Announcement

For 4Q17, $PAY expects GAAP and adjusted net revenues of approx. $470-473MM. GAAP diluted EPS is expected to be approx. $0.22 and adjusted diluted EPS is expected to be $0.43 in 4Q17.

$PAY {{ '2017-09-07T20:22:59+0000' | timeago}} • Announcement

$PAY reported a net loss of $71MM or $0.63 per share in 3Q17 compared to a net loss of $31.1MM or $0.28 per share in 3Q16. Adjusted diluted EPS was $0.36 per share in 3Q17. Net revenues dropped 4.3% to $467MM from last year.

$PAY {{ '2017-06-22T15:25:58+0000' | timeago}} • Announcement

$PAY launched its newest portable and mobile point-of-sale (mPOS) products that harness the power of the fully-integrated, Linux-based Verifone Engage platform in the palm of the hand. Both devices are commerce-enabled and certified with the highest level of global security, PCI 5.0.

$PAY {{ '2017-06-08T22:02:46+0000' | timeago}} • Webcast

$PAY believes Asia-Pacific will see upwards of 20% growth YoY in 2H17. With the Petro Media adjustments, North America is likely to see a decline slightly above 20% but better trajectory around retail and SMB. Latin America and EMEA are expected to be flattish to slightly up in terms of growth.

$PAY {{ '2017-06-08T21:45:02+0000' | timeago}} • Webcast

$PAY believes the China market is being saturated at this point. There are many competitors who are making devices. Looking at the long-term profitability of this market, the company does not believe it is prudent to invest more resources and capital. $PAY believes it is better to stay in China with a minority interest.

$PAY {{ '2017-06-08T21:29:20+0000' | timeago}} • Webcast

During 2Q17, $PAY delivered revenue of $158MM in North America. In Latin America, revenues were $63MM. In EMEA, revenues totalled $178MM. In Asia-Pacific, revenues came in at $76MM. Several emerging Asia-Pacific markets including Thailand and Malaysia grew by low double digits YoY.

$PAY {{ '2017-06-08T21:24:16+0000' | timeago}} • Webcast

$PAY posted revenues of $286MM from its Systems business in 2Q17. The Services business delivered revenue of $188MM. Services strength in Latin America was offset by lower sales of Petro Media.

$PAY {{ '2017-06-08T21:19:04+0000' | timeago}} • Webcast

$PAY formed a 50/50 JV by combining its Petro Media advertising business with Gas Station TV in early April. $PAY intends to divest its China business into a locally-owned company in which $PAY will hold a minority interest. This deal is expected to be completed during 3Q17. $PAY also intends to divest its Taxi Solutions business.

$PAY {{ '2017-06-08T21:03:27+0000' | timeago}} • Webcast

$PAY delivered 2Q17 results at the high end of its revenue projection and above its adjusted EPS guidance. Revenue momentum was driven by double digit sequential growth in North America retail and SMB business verticals and by strong demand for devices in India and in other countries executing their payment electronification programs.

$PAY {{ '2017-06-08T20:52:20+0000' | timeago}} • Infographic

$PAY VeriFone Systems Earnings AlphaGraphic: Q2 2017 Highlights

$PAY {{ '2017-06-08T20:31:34+0000' | timeago}} • Announcement

For 3Q17, $PAY expects GAAP and adjusted net revenues of approx. $463-465MM. GAAP diluted EPS is expected to be about $0.14-0.15 while adjusted diluted EPS is expected to be $0.35-0.36.

$PAY {{ '2017-06-08T20:27:57+0000' | timeago}} • Announcement

$PAY's guidance excludes its standalone Petro Media and China businesses, but includes the Taxi operations until disposition. For FY17, $PAY expects GAAP net revenues of about $1.861-1.866Bil and adjusted net revenues of about $1.865-1.870Bil. $PAY expects GAAP net loss per diluted share of about $0.51-0.53 and adjusted diluted EPS of $1.32-1.34.

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