Payment Data Systems $PYDS Reports Financials, Stock Responds Positively

Payment Data Systems Inc. (PYDS), a major player in card payment processing segment, announced its fourth quarter and full year results for 2016. The financial results were a little concerning, as the company reported higher than before net loss, as well as decline in its revenue. However, the investors with medium to long term horizon are required to have vision which goes beyond short-term results. paymentdatasystems-650x535Despite the dip in its margins, the company still remains strong with stout reserves and fundamentals.   The results also looked slightly disappointing, as the company is now competing against the high bar it has set up for itself. Read more