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VeriFone Systems Incorporation Company Snapshot
VeriFone Systems, Inc. offers payments and commerce solutions. The Company is engaged in designing, manufacturing, marketing and supplying a range of payment solutions and complementary services. It provides solutions and services for the retail point-of-sale (POS) that enable various forms of commerce. The Company's segments include Verifone Systems and Verifone Services. The Verifone Systems segment delivers point of sale electronic payment devices that run the operating systems, security and encryption software, and certified payment software for both payments and commerce. The Verifone Services segment delivers device-related leasing and maintenance, payment transaction routing and reporting, and commerce based services, such as advertising on digital screens. The Company operates in various sectors, such as financial services, retail, petroleum, restaurant, hospitality, transportation and healthcare.

Sales Analysis. VeriFone Systems Incorporation reported sales of $1.87 billion for the fiscal year ending October of 2017. This represents a decrease of 6.1% versus 2016, when the company's sales were $1.99 billion. The sales level in 2017 was fairly close to the level five years ago: in 2012, VeriFone Systems Incorporation had sales of $1.87 billion. Contributing to the drop in overall sales was the 12.2% decline in Verifone Systems, from $1.24 billion to $1.09 billion. . However, these declines were partially offset by the increase in sales of Verifone Services (up 2.4% to $788.49 million) .
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VeriFone Systems Incorporation
  Stock Performance Chart for VeriFone Systems Incorporation
  Stock Data: Recent Stock Performance:
  Current Price (1/12/2018): 18.35
(Figures in U.S. Dollars)
1 Week 2.3%   13 Weeks 0.4%  
4 Weeks -10.2%   52 Weeks 0.1%  
VeriFone Systems Incorporation Key Data:
  Ticker: PAY Country: United States
  Exchanges: NYSE Major Industry: Computers & Peripherals
    Sub Industry: Calculating & Accounting Equipment
  2017 Sales 1,870,976,000
(Year Ending Jan 2018).
Employees: 5,600
  Currency: U.S. Dollars Market Cap: 2,061,934,450
  Fiscal Yr Ends: October Shares Outstanding: 112,367,000
  Share Type: Common Closely Held Shares: 707,540
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