Driven by EMV and Apple Pay-related sales, Verifone reported net earnings rose 23% in the fourth quarter (4Q/15) ending October 31st. Net revenues for the quarter rose 4.7% year-on-year (YOY)
Naples, FL-based ACI Worldwide reported third quarter revenue of $238.7 million, a 4.2% decline from 3Q/14. Net income for 3Q/14 of $14.78 million also declined by 6.1% from $15.73 million one-year ago.
GA-based FleetCor Technologies, a major provider of fuel cards and workforce payment products to businesses, reported total revenues increased 53% to $451.5 million in the 3Q/15 compared to $295.3 million in 3Q/14.
CA-based prepaid card specialist Green Dot reported financial reported consolidated GAAP and non-GAAP total operating revenues of $146.4 million and $146.5 million, respectively, following the major loss of MoneyPak. Green Dot generated net cash from operations of $114 million year to date.
ME-based fuel card kingpin, WEX, reported Q3/15 revenue rose 2% to $226.1 million. However, on a non-GAAP basis, the Company’s adjusted net income for the quarter decreased 25% to $49.9 million.
PayPal racked up a 10.2% gain in year-on-year (YOY) accounts to 173 million. Gross transactions soared by 25.1% from 972 million in Q3/14 to 1216 million for 3Q/15.
Verifone achieved record North America net revenues for the third consecutive quarter driven by security needs and EMV migration, and increased demand for Petroleum, Media, and our Payment as a Service offerings.
Green Dot continues on a roll with gross dollar volume soaring by 10.9% year-on-year (YOY).Total operating revenues on a generally accepted accounting principles (GAAP) basis increased 16% to $170.2 million for the second quarter of 2015 from $147.0 million for the second quarter of 2014
Naples, FL-based ACI Worldwide reported overall sales bookings for the second quarter (Q2/15), including term extensions, increased 24% year-on-year (YOY).. New sales bookings, net of term extensions (SNET), increased 18% compared to the prior year quarter.
Verifone reported net revenues for the quarter ended April 30th were $490 million, compared to $466 million a year ago, a 5% increase. the Company says more certified solutions and offerings is beginning to yield benefits.
Prepaid card king Green Dot reported Q1/15 of 43% year-on-year (YOY) to $227 million. The Company was negatively impacted by approximately $12 million resulting from fewer reload transactions. Greendot also shuffled its CFO.
Naples, FL-based ACI Worldwide total revenues rose 5.1% in the first quarter to $232.8 million. The figure was sharply lower than the fourth quarter’s $290.2 million.