Investors are Digesting These Financial Stock Earnings Insights
Velti Plc (NASDAQ:VELT) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 33.9% to $0.39 in the quarter versus EPS of $0.59 in the year-earlier quarter. Revenue Rose 11.93% to $97.5 million from the year-earlier quarter.
Velti Plc reported adjusted EPS income of $0.39 per share. By that measure, the company missed the mean analyst estimate of $0.59. It missed the average revenue estimate of $106 million.