Velti predicts sales of $452.1 mln in 2015 & $587.7 mln for 2016 projecting 25% to 35% growth rate per yr through 2016
Sentiment: Strong Buy
and they also assumed they were going to be making 60 million this quarter, now its 40 million. Don't trust them. losing 88 cents per share is bad
If this company can manage to grow revenues to over $500 mln I wanna say this should be $1 bln company someday and lot higher when profitable imho
Where did these numbers come from?
You can also see these projections on company's presentation.
Management told me that. You can email CFO at JRoss @ Velti