RBC Capital Downgrades Velti (VELT) to Sector Perform
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Jefferies Downgrades Velti (VELT) to Hold
March 13, 2013 11:45 AM EDTJefferies downgraded Velti (NASDAQ: VELT) from Buy to Hold with a price target of $2.15 (from $8.00).
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 $3.11 yesterday, with a 52 week range of $2.93-$14.65.... More
Raymond James Downgrades Velti (VELT) to Market Perform
March 13, 2013 7:23 AM EDTRaymond James downgraded Velti (NASDAQ: VELT) from Outperform to Market Perform.
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 $3.11 yesterday, with a 52 week range of $2.93-$14.65.... More
UPDATE: Velti plc (VELT) Misses Q4 EPS by 20c; Issues Light Outlook
March 12, 2013 4:30 PM EDT(Updated - March 12, 2013 5:10 PM EDT)
Velti plc (Nasdaq: VELT) reported Q4 EPS of $0.39, $0.20 worse than the analyst estimate of $0.59. Revenue for the quarter came in at $97.5 million versus the consensus estimate of $106 million.
The Company was guiding revs of $97.1 million to $113.1 million and adjusted EBITDA of $50.8 million to $59.8 million. (Adjusted EBITDA for Q412 came in at $25.14 million, shy... More
