Velti Reveals $156.4m Q1 Loss, Sheds a F...
Moukas: “2013 would be a transitional year”Mobile marketing firm Velti has confirmed a 22 per cent reduction in headcount, because it announced disappointing results for Q1, 2013. The corporate reported a net lack of $156.4m (£102m) for the quarter, compared with $8.8m in Q1, 2012. According to newly-appointed CFO Jeffrey Ross, speaking during...