Hypercom Corp.'s stock rose slightly Wednesday morning after it reported preliminary fourth-quarter net revenue of $140 million, up 19% from a year earlier.
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The company said the increase was driven by year-over-year growth across its geographic operations.
The Scottsdale terminal maker said it expects to report diluted earnings per share of 4 cents to 6 cents for the quarter ending Dec. 31, up from 1 cent a year earlier.
Hypercom's shares rose 0.8% to $10.75 in pre-market trading.
The company, which plans to report final fourth-quarter results on March 2, is in the process of being acquired by competitor VeriFone Systems Inc. Earlier this week Hypercom said the combined companies would likely generate about $2 billion in revenue next year.
