VERIFONE SYSTEMS, INC.
Technology · Calculating & Accounting Machines (No Electronic Computers) · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | |
|---|---|---|---|---|---|---|
| Revenue | $1.87B | $1.99B | $2.00B | $1.87B | $1.70B | $1.87B |
| Operating income | −$112.4M | $32.8M | $107.0M | $5.9M | −$66.4M | $147.5M |
| Net income | −$173.8M | −$9.3M | $79.1M | −$38.1M | −$296.1M | $65.0M |
| Total assets | $2.32B | $2.49B | $2.47B | $2.68B | $2.99B | $3.49B |
| Total liabilities | $1.54B | $1.64B | $1.54B | $1.61B | $1.84B | $2.15B |
| Equity | $754.6M | $813.7M | $899.5M | $1.03B | $1.11B | $1.31B |
| EPS (diluted) | $-1.55 | $-0.08 | $0.68 | $-0.34 | $-2.73 | $0.59 |
| Shares out. | 112.4M | 111.3M | 111.7M | 113.3M | 110.4M | 108.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2017- Operating margin
- −6.0%
- Net margin
- −9.3%
- Return on equity
- −23.0%
- Return on assets
- −7.5%
- Return on capital (ROCE)
- −6.3%
- Liabilities / assets
- 66.3%
- Debt / equity
- 2.04×
- Book value / share
- $6.71
- Revenue growth (YoY)
- −6.1%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2017- Altman Z″ (distress)
- -0.42distress
- Accruals / assets
- −14.6%clean
- Beneish M-Score
- -3.14normal
- Piotroski F-Score
- 3/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 3 warning● 2 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Dec 30, 2008
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Varma VikramOfficer — General Counsel and Secretary | Aug 20, 2018 | D | 45,733 | — |
| Thompson Jane J.Director | Aug 20, 2018 | D | 4,500 | — |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Terminated a material agreement · Completed an acquisition or disposition · New financial obligation · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer changeAug 20, 2018
- Director / officer changeJul 10, 2018
- Director / officer change · Other material eventJul 9, 2018
- Shareholder voteJun 19, 2018
- Results of operationsJun 8, 2018
- Other material eventJun 6, 2018
- Other material eventMay 25, 2018
- Entered a material agreement · Amended charter or bylaws · Other material eventApr 9, 2018
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SC 13G/ASCHEDULE 13G/AFeb 14, 2019
- 15-12BAug 30, 2018
- 4FORM 4 SUBMISSIONAug 22, 2018
- 4FORM 4 SUBMISSIONAug 22, 2018
- 4FORM 4 SUBMISSIONAug 22, 2018
- 4FORM 4 SUBMISSIONAug 22, 2018
- 4FORM 4 SUBMISSIONAug 22, 2018
- 4FORM 4 SUBMISSIONAug 22, 2018
- 4FORM 4 SUBMISSIONAug 22, 2018
- 4FORM 4 SUBMISSIONAug 22, 2018
- 4FORM 4 SUBMISSIONAug 22, 2018
- 4FORM 4 SUBMISSIONAug 22, 2018
- 4FORM 4 SUBMISSIONAug 22, 2018
- 4FORM 4 SUBMISSIONAug 22, 2018
- S-8 POSAug 22, 2018
Event-driven situations (1)
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