VeriFone Systems Inc (PAY) Files 10-K for the Fiscal Year Ended on October 31, 2017

VeriFone Systems Inc (NYSE:PAY) files its latest 10-K with SEC for the fiscal year ended on October 31, 2017. VeriFone Systems Inc sells hardware and complementary software and services that enable merchants to accept electronic payments at the point-of-sale. Its products are used in the retail, gas station, restaurant, and taxi environments, among others. VeriFone Systems Inc has a market cap of $2.09 billion; its shares were traded at around $18.63 with and P/S ratio of 1.12. VeriFone Systems Inc had annual average EBITDA growth of 2.00% over the past five years.

For the last quarter VeriFone Systems Inc reported a revenue of $476.5 million, compared with the revenue of $464.2 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.9 billion, a decrease of 6.1% from the previous year. For the last five years VeriFone Systems Inc had an average revenue growth rate of 1.6% a year. The VeriFone Systems Inc had an operating margin of -6.01%, compared with the operating margin of 1.65% a year before. The 10-year historical median operating margin of VeriFone Systems Inc is 2.40%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, VeriFone Systems Inc has the cash and cash equivalents of $131.0 million, compared with $148.4 million in the previous year. The long term debt was $762.0 million, compared with $859.9 million in the previous year. VeriFone Systems Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $18.63, VeriFone Systems Inc is traded at 38.6% discount to its historical median P/S valuation band of $30.33. The P/S ratio of the stock is 1.12, while the historical median P/S ratio is 1.82. The stock gained 0.72% during the past 12 months.

For the complete 20-year historical financial data of PAY, click here.

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