Global | Change

EMV Migration Drives Verifone’s Earnings

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 $0.33 coming up year over year from 2014’s $0.27 and, on an adjusted basis, the number rose to $0.49, up from $0.44. December 15, 2015