Global | Change

VeriFone profit rises 70%

VeriFone Systems Inc. PAY, +0.25% issued guidance for the current quarter that was mostly above expectations as the payments-technology company reported its earnings rose 70% in the three-month period ended in January. Shares rose 14 cents to $26.70 in recent after-hours trading as per-share earnings, excluding certain one-time items, and revenue beat expectations. March 10, 2016