VeriFone Systems, Inc. (NYSE:PAY) provides expertise, solutions and services that add value to the point of sale with merchant-operated, consumer-facing and self-service payment systems for the financial, retail, hospitality, petroleum, government and healthcare vertical markets. VeriFone Systems solutions are designed to meet the needs of merchants, processors and acquirers in developed and emerging economies worldwide. VeriFone Systems is the global leader in secure electronic payment solutions.



VeriFone Systems yesterday announced financial results for the three months ended July 31, 2011 (“Q3 FY11”). Net revenues for Q3 FY11 were $317 million, compared to $292 million in the previous quarter and $261 million in the third quarter of fiscal year 2010 (“Q3 FY10”), a 21% year-over-year increase and the fifth straight quarter that net revenues grew more than 20% from the prior year.





For more read: pennyotcstock.com/?p=17036