VeriFone Systems reports 1Q loss (AP)

[unable to retrieve full-text content]AP - Electronic payment company VeriFone Systems Inc. said Monday that it lost money during its fiscal first quarter as rising costs wiped out gains from higher revenue. But the quarterly results and full-year forecast beat Wall Street expectations and shares rose in aftermarket trading.

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/ap/20120305/ap_on_bi_ge/us_earns_verifone_systems

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