Dec 17th: New CFO Jeff Ross: “I am very excited to join the Velti team and lead the company’s financial operations, with a focus on cash flow generation and growth in key markets.”. We'll know how he's done so far in 1 hour.
He needs to further qualify this statement with some estimates for Q1/Q2, i.e., first half of the year....
“The rough patch is in the first half of the year…generating sufficient cash flow for the entire year, but in the first half we need to be very careful about how we spend our money and judiciously do so….and again, as I stated, I expect meaningful cash flow generation for the year. I’m not going today quantify what I mean by meaningful, but it definitely is well into the positive territory.”
It's all about guidance, dilution or the lack of.
What to expect with a conservative quarter: volatility.
What to expect with an earnings miss: volatility.
What to expect with better then expected forward guidance: volatility.