SCOTTSDALE, Ariz., Aug 04, 2009 (BUSINESS WIRE) -- Hypercom Corporation (NYSE: HYC), the high security electronic payment and digital transactions solutions provider, today announced financial results for the second quarter ended June 30, 2009.
Revenue for the three months ended June 30, 2009 was $106.8 million, up 28% over first quarter 2009 revenue of $83.6 million. All regions reported significant sequential revenue gains. Revenue declined 14% compared to second quarter 2008 revenue of $124.2 million. The year-over-year decrease is primarily related to the impact of the stronger U.S. dollar on foreign denominated revenue in Europe, Brazil and Australia. Using constant foreign currency exchange rates from the prior year, revenue would have declined only 3.4% primarily due to the challenging economic environment. Read More