House & Home
Wed, February 13, 2013Tue, February 12, 2013Mon, February 11, 2013Sun, February 10, 2013Sat, February 9, 2013Fri, February 8, 2013Thu, February 7, 2013Wed, February 6, 2013Tue, February 5, 2013Mon, February 4, 2013Fri, February 1, 2013Thu, January 31, 2013Wed, January 30, 2013Tue, January 29, 2013Mon, January 28, 2013Fri, January 25, 2013Thu, January 24, 2013Wed, January 23, 2013Tue, January 22, 2013Mon, January 21, 2013Fri, January 18, 2013Thu, January 17, 2013Wed, January 16, 2013Tue, January 15, 2013Mon, January 14, 2013Sat, January 12, 2013Fri, January 11, 2013Thu, January 10, 2013Wed, January 9, 2013Tue, January 8, 2013Mon, January 7, 2013Business Equippers Continue to Adapt
//house-home.news-articles.net/content/2013/01/23/business-equippers-continue-to-adapt.html
Published in House and Home on Wednesday, January 23rd 2013 at 5:15 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
StockCall Research on Applied Materials and Verifone: Business Equippers Continue to Adapt -- LONDON, January 23, 2013 /PRNewswire/ --
LONDON, January 23, 2013 /PRNewswire/ --
The ongoing transition away from paper is both challenging and creating opportunities for companies within the business equipment industry. Mailing giants like Pitney Bowes Inc. (NYSE: PBI)and payment processors such as Verifone Systems Inc. (NYSE: [ PAY ]) are adapting to this trend in different ways. StockCall analysts have initiated coverage on Applied Materials and Verifone Systems. Sign up now to access the free reports on these companies at
[ http://www.stockcall.com/register ]
On the mail equipment market, Pitney's approximate 80% share of the domestic postal meter market still impresses but falling demand for physical mail has forced the company to think differently. It continues to grow its software segment but it still represents a relatively small percentage of its total revenues. StockCall posted a technical report on Pitney Bowes, register for free to access it at [ http://www.StockCall.com/PBI012313.pdf ]
For its most recent quarter, the company's Enterprise Business Solutions segment sales dropped to $614 million, which is a 5% decline in year-over-year. This shortfall was a result of a 19% fall in Software revenue, a 6% decrease in Management Services, a 4% drop in Marketing services and a 1% decline in management services. A 12% growth in its Worldwide Production Mail moderately helped counteract the negative, however. Pitney Bowes will be posting its earnings on January 31st.
On the payment processing side, the increasingly crowded space has made it challenging for the likes of Verifone Systems Inc. [[ Free Report on PAY ]] [(1)] to grow its presence. However, the shift to mobile device aided transactions is accelerating, creating a tremendous opportunity to grow. The challenge for companies like Verifone now becomes striking a balance within its pricing model between competitive and profitable without swaying too far to one side.
For the first quarter of 2013, VeriFone anticipates net revenues in the range of $495 million and $500 million.
Footer:
- Verifone Systems Inc. Technical Analysis [ [ http://www.StockCall.com/VerifoneSystemsInc012313.pdf ] ]
About StockCall.com
StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at [ http://www.stockcall.com ]
SOURCE StockCall.com