velti plc (VELT:NASDAQ GS)
velti plc (VELT) Snapshot
|
Open
$2.00
|
Previous Close
$2.04
|
|
|
Day High
$2.05
|
Day Low
$1.98
|
|
|
52 Week High
09/19/12 - $10.43
|
52 Week Low
04/23/13 - $1.53
|
|
|
Market Cap
165.9M
|
Average Volume 10 Days
2.0M
|
|
|
EPS TTM
$-0.88
|
Shares Outstanding
82.2M
|
|
|
EX-Date
--
|
P/E TM
--
|
|
|
Dividend
--
|
Dividend Yield
--
|
Related News
velti plc (VELT) Related Businessweek News
No Related Businessweek News Foundvelti plc (VELT) Details
Velti plc engages in the provision of mobile marketing and advertising technology and solutions for brands, advertising agencies, mobile operators, and media companies primarily in Europe, the Americas, Asia, and Africa. It operates Velti mGage platform that enables brands to build, plan, execute, and measure integrated advertising and marketing campaigns across various channels. The company’s products include mGage Advertise, an enterprise grade ad server that simplifies conversion tracking to provide brands insight into campaign performance; mGage Create, a mobile Web development platform that enables brands and agencies to create, deploy, host, and measure mobile sites that can be rendered on various devices in the market; and mGage Communicate, a mobile messaging and mobile community management platform that allows brands to implement personalized messaging campaigns. It products also comprise mGage Inspire, a multi-channel loyalty platform that enables brands to implement loyalty and customer relationship management programs; and mGage Excite, a platform that enables operators, agencies, media groups, and brands to conduct robust and scalable promotions on a massive scale. In addition, the company offers Mobclix for publishers and developers to monetize their mobile inventory on their apps and sites; and Mobclix, which connects advertisers with the global inventory that need to reach audience, as well as Velti Media, a mobile advertising network that connects brands and agencies to mobile Web sites or mobile applications that host advertisements. The company was founded in 2000 and is headquartered in Dublin, the Republic of Ireland.
velti plc (VELT) Top Compensated Officers
velti plc (VELT) Key Developments
Velti Plc announced unaudited consolidated financial results for the first quarter ended March 31, 2013. For the quarter, the company reported revenue of $41.0 million, a decrease of 21% from $51.79 million for the first quarter 2012. GAAP net loss attributable to the company was $156.4 million and diluted EPS of $2.38 compared with a net loss of $8.8 million and EPS of $0.14 for first quarter 2012. Adjusted LBITDA was $18.3 million or $16.1 million excluding the bad debt provision compared with adjusted EBITDA of $4.6 million in first quarter 2012. Adjusted net loss was $18.1 million and adjusted diluted EPS of $0.27 compared with adjusted net loss of $1.1 million and adjusted diluted EPS of $0.02 for first quarter 2012. Loss from operations was $160.812 million against $14.996 million for the same period a year ago. Loss before income taxes, equity method investments and non-controlling interest was $163.890 million against $8.190 million for the same period a year ago. Net cash used in operating activities was $32.494 million against $15.869 million for the same period a year ago. Purchase of property and equipment was $526,000 against $5.728 million for the same period a year ago. Included in first quarter GAAP results is a noncash charge of $133 million related to the write-down of substantially all good will and other intangible assets, which was triggered by decline in market value and was largely mechanical based on stock price as of March 31. For the quarter, the company reported impairment of goodwill and intangible assets of $133.129 million. The company sets second quarter ending June 30, 2013 guidance as follows: revenue in the range of between $42.0 million to $45.0 million and adjusted LBITDA in the range of $12.0 million against $8.0 million. Though the company will not be providing an updated range of revenue guidance for fiscal year 2013, revenue is expected to come in lower than original mid-point guidance of $267.5 million. The company is, however, re-affirming fiscal year ending December 31, 2013 adjusted EBITDA in the range of $5.0 million to $15.0 million and free cash flow guidance in the range of $5.0 million to $15.0 million.
Velti Plc, Q1 2013 Earnings Call, May 13, 2013
Velti Plc announced that they will report Q1, 2013 results After-Market on May 13, 2013
| Recently Viewed | |||
| VELT:US | $2.02 USD | -0.02 |  |
| Company | Last | Change |
| Augme Technologies Inc | $0.36 USD | 0.00 |
| ExactTarget Inc | $23.10 USD | -0.08 |
| Lenco Mobile Inc | $0.10 USD | +0.04 |
| Marchex Inc | $5.94 USD | -0.06 |
| Soundbite Communications Inc | $4.95 USD | -0.01 |
| View Industry Companies | ||
Industry Analysis
VELT
Industry Average
| Valuation | VELT | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.5x |
|
| Price/Book | 1.0x |
|
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 0.3x |
|
Post a JobJobs
- Orlando, FL | Consult SoftPosted: May 22
- New York, NY |Posted: May 17
- San Francisco, CA | YelpPosted: May 02
- San Francisco, CA | YelpPosted: May 02
Sponsored Financial Commentaries
Sponsored Links
To contact VELTI PLC, please visit www.velti.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.
