Jefferies Slashes Numbers on Velti (VELT) Post-Q3, But Keeps 'Buy' Rating
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Needham & Company Downgrades Velti (VELT) to Hold
November 15, 2012 10:56 AM ESTNeedham & Company downgraded Velti (NASDAQ: VELT) from Buy to Hold following weak Q3 results and outlook.
For an analyst ratings summary and ratings history on Velti click here. For more ratings news on Velti click here.
Shares of Velti closed at $6.64 yesterday, with a 52 week range of $4.99-$14.65.... 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.
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