Needham & Company Downgrades Velti (VELT) to Hold
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Jefferies Slashes Numbers on Velti (VELT) Post-Q3, But Keeps 'Buy' Rating
November 15, 2012 8:51 AM ESTJefferies slashed estimates and its price target on Velti (NASDAQ: VELT) from $23 to $12 following weak Q3 results and outlook but is keeping its Buy rating.
The firm comments, "Overhangs on Velti's stock include its exposure to Greece and other troubled areas, high... More
Velti plc (VELT) Misses Q3 EPS by 6c, Lowers Q4 Guidance
November 14, 2012 4:05 PM ESTVelti plc (NASDAQ: VELT) reported Q3 EPS of ($0.03), $0.06 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $62.4 million versus the consensus estimate of $62.05 million.
Velti plc sees Q4 2012 revenue of $97.1-113.1 million, versus the consensus of $121.17 million.
... More
