The payments giant delivered mixed results for the fourth quarter and somber guidance. It’s cutting expenses by $1 billion over the next two years, but will that be enough?
Verifone’s latest quarterly results got a boost from the movement by companies to embrace chip cards, in tandem with the Oct. 2015 EMV deadline in the United States. The quarter, which ended in October, topped the company’s own expectations, with net income per share of...
In an earnings report that missed Wall Street expectations, American Express said that its bottom line declined 16 percent from a year ago, reflecting the pressures of both a stronger U.S. dollar and higher expenses. In a nod to continued margin declines and competitive pressures,...
April 27, 2016
TSYS said Tuesday (April 26) night that it had adjusted profit of $0.66 a share, up 22 percent year over year, which was $0.04 better than The Street. The latest bottom line beat came even as the firm missed top line estimates, coming in at about $671 million, and below projections of roughly $691 million. Still, […]
December 15, 2015
Verifone’s latest quarterly results got a boost from the movement by companies to embrace chip cards, in tandem with the Oct. 2015 EMV deadline in the United States. The quarter,...
October 22, 2015
In an earnings report that missed Wall Street expectations, American Express said that its bottom line declined 16 percent from a year ago, reflecting the pressures of both a stronger...
