VeriFone Systems Inc (PAY) Q4 Earnings of $0.58 a Share

Verifone Systems Inc (NYSE:PAY), the international payment solution provider, released its earning report for Q4 2011  today, Monday, at 4:30 PM EST. It’s net revenues were $425 million compared with $411 Million in Q4 $ 317 million in Q3, and $292 in Q2 of 2011. Net revenues for the entire year 2011 were calculated at around 1.9 billion, while earnings per share were set at 0.50-0.52 cents per share. Analyst's forecast for the first Quarter of the new year for net revenues of around $417 million were mildly exceeded by the company. They are also forecasting an...