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Hewlett-Packard acquired Verifone in a $1.18bn stock-swap deal in April 1997. [29] Four years later Verifone was sold to Gores Technology Group in May 2001. In 2002 Verifone was recapitalized by GTCR Golder Rauner, LLC. In 2005, Verifone was listed as a public company on New York Stock Exchange (NYSE: PAY). [30] [31] [32] [33]
VeriFone Systems (NYS: PAY) carries $280.4 million of goodwill and other intangibles on its balance sheet. ... Investors punished the stock along the way, sending it down to $27.04 -- or nearly a ...
VeriFone Systems, Inc. ("VeriFone") (NYS: PAY) is the global leader in secure electronic payment solutions. VeriFone provides expertise, solutions and services that add value to the point of sale ...
Considering the numbers on a quarterly basis, the CCC trend at VeriFone Systems looks good. At 63.1 days, it is 3.9 days better than the average of the past eight quarters.
Now what: As a provider of payment terminals, VeriFone is seeing some upside on hopes that it will cash in on rolling out the technology and facilitating its adoption.
In 2001, Bergeron led the acquisition of VeriFone from Hewlett-Packard and became its chairman and CEO. In 2002, Bergeron partnered with GTCR and embarked upon a strategy to aggressively grow VeriFone into a multinational company. As of May 2012, VeriFone’s enterprise value was approximately $5 billion, a 100 times increase.
VeriFone Reports Results for the Second Quarter of Fiscal 2013 SAN JOSE, Calif.--(BUSINESS WIRE)-- VeriFone Systems, Inc. (NYS: PAY) : Second Quarter Financial Highlights Non-GAAP net revenues of ...
On Wednesday, VeriFone Systems will release its latest quarterly results. With its stock having plunged after giving troubling guidance back in February, the payment processor has something to ...