VeriFone Holdings Inc. (PAY) filed Annual Report for the period ended 2011-10-31.
Verifone Systems has a market cap of $3.83 billion; its shares were traded at around $36.34 with a P/E ratio of 23.2 and P/S ratio of 3.
This is the annual revenues and earnings per share of PAY over the last
10 years. For
detailed 10-year financial data and charts, go to 10-Year Financials of PAY.
Highlight of Business Operations:
During the fiscal year ended October 31, 2011, approximately 65.6% of our net revenues were generated outside of the United States. During the twelve months ended October 31, 2010, approximately 60.0% of our net revenues were generated outside of the United States. We expect our percentage of net revenues generated outside of the United States to increase over time. In particular we expect our acquisition of Hypercom to increase our business significantly in the Middle East and Africa, Europe and Asia, and our planned acquisition of Point will increase our business significantly in Northern Europe. Part of our strategy is to expand our penetration in existing foreign markets and to enter new foreign markets and in particular to enter new emerging markets where we expect to see growth in electronic payments. Our ability to penetrate some international markets may be limited due to different technical standards, protocols or product requirements. Expansion of our international business will require significant management attention and financial resources. Our international net revenues will depend on our continued success in the following areas:
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