reduction initiatives

StreetInsider.com Pre-Open Movers:

Verifone (NYSE: PAY) 28% HIGHER; sees Q4 EPS of $0.36 to $0.39, versus the analyst estimate of $0.21.

Sees revenues for the quarter were $260 million to $268 million, versus the consensus of $229.6 million. VeriFone Holdings sees FY09 EPS of $1.35-$1.55 versus analyst consensus of $1.01.

For the full year ending Oct 31, 2009, VeriFone expects to achieve net revenue growth of 10 to 15% annual growth, consistent with its long-term growth targets.

StreetInsider.com After-Hours Movers:

Verifone (NYSE: PAY) 33% HIGHER; sees Q4 EPS of $0.36 to $0.39, versus the analyst estimate of $0.21.

Sees revenues for the quarter were $260 million to $268 million, versus the consensus of $229.6 million. VeriFone Holdings sees FY09 EPS of $1.35-$1.55 versus analyst consensus of $1.01.

For the full year ending Oct 31, 2009, VeriFone expects to achieve net revenue growth of 10 to 15% annual growth, consistent with its long-term growth targets.