10-year

10-Year Anniversary Promotion (20% off)

Join GuruFocus Premium Membership Now for Only $279/Year

The largest discount in the last 10 years

Save up to $500 on Global Membership.

Don't Miss It !

Free 7-day Trial
All Articles and Columns »

Baron Funds Comments on Velti Plc

May 24, 2012 | About:
Holly LaFon

Holly LaFon

276 followers
From Baron Funds' first quarter letter: Velti plc (VELT) is a leading mobile marketing company. Shares of Velti recovered strongly in the quarter and were up 99.3% as the company reported fourthquarter results that were ahead of expectations. The company's outlook for 2012 included robust growth and profitability. Concern over the company's exposure to Europe waned. The company has improved its ability to explain its business to investors, has made positive changes in management, and has increased traction in the U.S. market. (Ashim Mehra)

Rating: 2.3/5 (3 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK