Limelight Networks Company Profile (NASDAQ:LLNW)

About Limelight Networks (NASDAQ:LLNW)

Limelight Networks logoLimelight Networks, Inc. operates a distributed network and provides a suite of integrated services marketed as the Limelight Orchestrate Platform. The Company is engaged in providing content delivery and related services and solutions for global businesses to help them deliver their digital content across Internet, mobile, and social channels. Its services include content delivery services, mobile delivery services, video content management services, performance services, cloud-based storage services and cloud-based content security services. Its solutions include software and device manufacturers, media and broadcasters, and gaming. Limelight services incorporate content and application security, file management, video transformation, distributed storage functionality, and the analytics and reporting associated with them. The Company operates in three geographic areas: Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Internet Information Providers
  • Sub-Industry: Internet Software & Services
  • Symbol: NASDAQ:LLNW
  • CUSIP: 53261M10
  • Web: www.limelightnetworks.com
Capitalization:
  • Market Cap: $332.57 million
  • Outstanding Shares: 107,978,000
Average Prices:
  • 50 Day Moving Avg: $2.92
  • 200 Day Moving Avg: $2.48
  • 52 Week Range: $1.27 - $3.51
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 34.22
  • P/E Growth: 30.50
Sales & Book Value:
  • Annual Revenue: $171.55 million
  • Price / Sales: 1.94
  • Book Value: $1.28 per share
  • Price / Book: 2.41
Profitability:
  • EBIDTA: $5.24 million
  • Net Margins: -42.13%
  • Return on Equity: -7.97%
  • Return on Assets: -5.56%
Debt:
  • Current Ratio: 2.55%
  • Quick Ratio: 2.55%
Misc:
  • Average Volume: 458,573 shs.
  • Beta: 2.31
  • Short Ratio: 0.92
 

Frequently Asked Questions for Limelight Networks (NASDAQ:LLNW)

What is Limelight Networks' stock symbol?

Limelight Networks trades on the NASDAQ under the ticker symbol "LLNW."

How will Limelight Networks' stock buyback program work?

Limelight Networks declared that its board has authorized a stock repurchase program on Monday, April 10th 2017, which permits the company to repurchase $25,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 10.6% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's board believes its stock is undervalued.

How were Limelight Networks' earnings last quarter?

Limelight Networks, Inc. (NASDAQ:LLNW) posted its quarterly earnings data on Monday, April, 24th. The company reported $0.02 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.00 by $0.02. The business earned $44.70 million during the quarter, compared to analysts' expectations of $43.01 million. Limelight Networks had a negative net margin of 42.13% and a negative return on equity of 7.97%. The company's revenue was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.01) EPS. View Limelight Networks' Earnings History.

When will Limelight Networks make its next earnings announcement?

Limelight Networks is scheduled to release their next quarterly earnings announcement on Tuesday, July, 25th 2017. View Earnings Estimates for Limelight Networks.

Where is Limelight Networks' stock going? Where will Limelight Networks' stock price be in 2017?

4 analysts have issued 1-year price objectives for Limelight Networks' stock. Their predictions range from $2.50 to $4.00. On average, they anticipate Limelight Networks' share price to reach $3.33 in the next twelve months. View Analyst Ratings for Limelight Networks.

What are analysts saying about Limelight Networks stock?

Here are some recent quotes from research analysts about Limelight Networks stock:

  • 1. According to Zacks Investment Research, "LIMELIGHT NETWORKS, INC. is a content delivery partner enabling the next wave of Internet business and entertainment. More than 1300 Internet, entertainment, software, and technology brands trust their robust, scalable platform to monetize their digital assets by delivering a brilliant online experience to their global audience. LimeLight's architecture bypasses the busy public Internet using a dedicated optical network that interconnects thousands of servers and delivers massive files at the speed of light -- directly to the access networks that consumers use every day. LimeLight's proven network and passion for service assures their customers that every object in their library will be instantly delivered to every user, every time. " (4/28/2017)
  • 2. FBR & Co analysts commented, "LLNW delivered solid 4Q results that handily surpassed consensus expectations. A laser focus on cost management is driving material improvement in margins. Management appears to be finding a path of sustainable growth and improved profitability. Gross margin guidance of at least 150 bps of expansion in FY17 suggests to us that R&D investments are beginning to bear fruit, as incremental network capacity can be added at relatively low incremental cost, coinciding with steady growth in OTT content. During the quarter, the gross margin expanded by an impressive 387 bps YOY; the adjusted EBITDA margin surged by 478 bps YOY . Looking into FY17, management plans to increase marketing spending (following lower YOY marketing spending in FY16), which should benefit the top line and drive EBITDA growth, in our view. However, we also see AKAM moving more aggressively in the marketplace to replace lost revenue from DIY service providers, which could affect LLNW’s ability to sustain momentum. With that said, we maintain Market Perform and our $2.50 price target." (2/9/2017)

Who are some of Limelight Networks' key competitors?

Who owns Limelight Networks stock?

Limelight Networks' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Goldman Sachs Group Inc. (28.63%), Dimensional Fund Advisors LP (3.54%), Cortina Asset Management LLC (3.29%), Quaker Capital Investments LLC (3.23%), Vanguard Group Inc. (3.06%) and Hood River Capital Management LLC (2.48%). Company insiders that own Limelight Networks stock include Joseph Depalo, Robert A Lento and Sajid Malhotra. View Institutional Ownership Trends for Limelight Networks.

Who sold Limelight Networks stock? Who is selling Limelight Networks stock?

Limelight Networks' stock was sold by a variety of institutional investors in the last quarter, including Spark Investment Management LLC, Morgan Stanley, Cornerstone Capital Management Holdings LLC., Acadian Asset Management LLC, Royce & Associates LP, Russell Investments Group Ltd., Alliancebernstein L.P. and California Public Employees Retirement System. View Insider Buying and Selling for Limelight Networks.

Who bought Limelight Networks stock? Who is buying Limelight Networks stock?

Limelight Networks' stock was purchased by a variety of institutional investors in the last quarter, including Hood River Capital Management LLC, JPMorgan Chase & Co., Cortina Asset Management LLC, Vanguard Group Inc., First Washington CORP, Dimensional Fund Advisors LP, Nationwide Fund Advisors and Chicago Equity Partners LLC. Company insiders that have bought Limelight Networks stock in the last two years include Robert A Lento and Sajid Malhotra. View Insider Buying and Selling for Limelight Networks.

How do I buy Limelight Networks stock?

Shares of Limelight Networks can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Limelight Networks stock cost?

One share of Limelight Networks stock can currently be purchased for approximately $3.08.

Analyst Ratings

Consensus Ratings for Limelight Networks (NASDAQ:LLNW) (?)
Ratings Breakdown: 1 Hold Rating, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $3.33 (8.23% upside)

Analysts' Ratings History for Limelight Networks (NASDAQ:LLNW)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/30/2017B. RileyReiterated RatingBuy$4.00HighView Rating Details
4/26/2017Cowen and CompanyBoost Price TargetOutperform$3.00 -> $3.50HighView Rating Details
4/3/2017DA DavidsonReiterated RatingBuyHighView Rating Details
2/9/2017FBR & CoReiterated RatingHold$2.50N/AView Rating Details
3/29/2016JMP SecuritiesInitiated CoverageOutperform$2.50N/AView Rating Details
8/15/2015MacquarieReiterated RatingOutperform$4.25N/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for Limelight Networks (NASDAQ:LLNW)
Earnings by Quarter for Limelight Networks (NASDAQ:LLNW)
Earnings History by Quarter for Limelight Networks (NASDAQ:LLNW)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/25/2017        
4/24/2017Q1 2017$0.00$0.02$43.01 million$44.70 millionViewN/AView Earnings Details
2/8/2017Q416$0.01$0.02$43.66 million$43.80 millionViewListenView Earnings Details
7/27/2016Q216($0.01)$0.01$43.84 million$43.56 millionViewListenView Earnings Details
4/27/2016Q116($0.01)($0.01)$43.40 million$41.40 millionViewListenView Earnings Details
11/3/2015Q315($0.03)($0.04)$42.98 million$42.00 millionViewN/AView Earnings Details
8/3/2015Q215($0.04)($0.04)$41.64 million$43.80 millionViewN/AView Earnings Details
4/30/2015Q115($0.07)($0.02)$39.00 million$42.30 millionViewN/AView Earnings Details
2/2/2015Q414($0.09)($0.02)$38.66 million$40.70 millionViewN/AView Earnings Details
8/4/2014Q214($0.07)($0.04)$39.62 million$41.30 millionViewN/AView Earnings Details
5/6/2014Q114($0.07)($0.04)$38.91 million$41.20 millionViewN/AView Earnings Details
2/13/2014Q413($0.06)($0.05)$42.88 million$42.20 millionViewListenView Earnings Details
11/5/2013Q313($0.07)($0.07)$42.93 million$42.70 millionViewN/AView Earnings Details
8/7/2013Q2 2013($0.05)($0.07)$45.93 million$42.76 millionViewN/AView Earnings Details
5/9/2013Q1 2013($0.05)($0.04)$45.73 million$45.80 millionViewN/AView Earnings Details
2/19/2013Q4 2012($0.04)($0.06)$46.28 million$46.30 millionViewN/AView Earnings Details
11/1/2012Q312($0.05)($0.05)$44.80 million$45.00 millionViewN/AView Earnings Details
8/2/2012($0.05)($0.05)ViewN/AView Earnings Details
5/3/2012($0.04)($0.05)ViewN/AView Earnings Details
2/13/2012($0.02)($0.01)ViewN/AView Earnings Details
11/7/2011($0.06)($0.06)ViewN/AView Earnings Details
5/5/2011($0.05)($0.03)ViewN/AView Earnings Details
2/14/2011$0.01ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Limelight Networks (NASDAQ:LLNW)
2017 EPS Consensus Estimate: ($0.06)
2018 EPS Consensus Estimate: $0.02
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.03)($0.03)($0.03)
Q3 20172($0.04)($0.01)($0.03)
Q4 20171$0.00$0.00$0.00
Q1 20181$0.00$0.00$0.00
Q2 20181$0.01$0.01$0.01
Q3 20181$0.00$0.00$0.00
Q4 20181$0.01$0.01$0.01
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Limelight Networks (NASDAQ:LLNW)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Limelight Networks (NASDAQ:LLNW)
Insider Ownership Percentage: 35.70%
Institutional Ownership Percentage: 67.21%
Insider Trades by Quarter for Limelight Networks (NASDAQ:LLNW)
Institutional Ownership by Quarter for Limelight Networks (NASDAQ:LLNW)
Insider Trades by Quarter for Limelight Networks (NASDAQ:LLNW)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/24/2015Robert A LentoCEOBuy20,000$2.26$45,200.00View SEC Filing  
8/21/2015Sajid MalhotraSVPBuy25,000$2.45$61,250.00View SEC Filing  
5/28/2015Joseph DepaloSVPSell50,000$4.37$218,500.00View SEC Filing  
3/12/2015Sajid MalhotraSVPBuy50,000$3.66$183,000.00View SEC Filing  
3/2/2015Daniel R BoncelInsiderBuy10,294$3.40$34,999.60View SEC Filing  
3/2/2015Kirby WadsworthCMOBuy29,411$3.40$99,997.40View SEC Filing  
3/2/2015Peter J PerroneCFOBuy58,823$3.40$199,998.20View SEC Filing  
11/19/2014Robert A LentoCEOBuy25,000$2.61$65,250.00View SEC Filing  
11/19/2014Sajid MalhotraSVPBuy50,000$2.62$131,000.00View SEC Filing  
9/9/2014Sajid MalhotraSVPBuy50,000$2.23$111,500.00View SEC Filing  
8/27/2014Kurt SilvermanSVPBuy15,000$2.30$34,500.00View SEC Filing  
6/4/2014Sajid MalhotraSVPBuy100,000$2.45$245,000.00View SEC Filing  
6/2/2014Daniel R BoncelInsiderBuy50,000$2.30$115,000.00View SEC Filing  
5/29/2014Peter J PerroneCFOBuy31,577$1.95$61,575.15View SEC Filing  
5/21/2014Sajid MalhotraSVPBuy100,000$2.14$214,000.00View SEC Filing  
3/17/2014Kurt SilvermanSVPBuy25,000$2.15$53,750.00View SEC Filing  
9/12/2013Thomas FalkDirectorSell57,249$2.02$115,642.98View SEC Filing  
8/20/2013Robert LentoCEOBuy25,000$1.97$49,250.00View SEC Filing  
11/29/2012Douglas S LindrothCFOBuy27,000$1.90$51,300.00View SEC Filing  
11/28/2012Robert A LentoCEOBuy25,000$1.91$47,750.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Limelight Networks (NASDAQ:LLNW)
Latest Headlines for Limelight Networks (NASDAQ:LLNW)
Source:
DateHeadline
americanbankingnews.com logoLimelight Networks, Inc. (LLNW) Expected to Announce Quarterly Sales of $45.83 Million
www.americanbankingnews.com - May 21 at 12:02 PM
americanbankingnews.com logoZacks: Brokerages Expect Limelight Networks, Inc. (LLNW) Will Post Earnings of -$0.01 Per Share
www.americanbankingnews.com - May 16 at 2:18 PM
finance.yahoo.com logoAdvanced Limelight Orchestrate Platform Delivers Highest-Quality Internet Viewing Experience
finance.yahoo.com - May 16 at 10:42 AM
finance.yahoo.com logoETFs with exposure to Limelight Networks, Inc. : May 12, 2017
finance.yahoo.com - May 12 at 6:58 PM
americanbankingnews.com logoLimelight Networks (LLNW) Given Media Impact Rating of 0.35
www.americanbankingnews.com - May 12 at 12:36 AM
fool.com logoWhy Limelight Networks, Inc. Stock Rose 22% in April
www.fool.com - May 10 at 7:23 PM
finance.yahoo.com logoLimelight Networks (LLNW) Shares March Higher, Can It Continue?
finance.yahoo.com - May 5 at 7:10 AM
americanbankingnews.com logoLimelight Networks (LLNW) Getting Somewhat Positive Media Coverage, Study Shows
www.americanbankingnews.com - May 4 at 9:48 AM
finance.yahoo.com logoLimelight Guarantees Video Customers Greater Than 10 Percent Reduction in Re-Buffer Rates
finance.yahoo.com - May 2 at 12:47 PM
americanbankingnews.com logoFavorable Media Coverage Likely to Affect Limelight Networks (LLNW) Stock Price
www.americanbankingnews.com - May 1 at 8:10 PM
finance.yahoo.com logoETFs with exposure to Limelight Networks, Inc. : May 1, 2017
finance.yahoo.com - May 1 at 5:20 PM
americanbankingnews.com logoLimelight Networks, Inc. (LLNW) Earns "Buy" Rating from B. Riley
www.americanbankingnews.com - April 30 at 4:24 PM
americanbankingnews.com logoLimelight Networks, Inc. (LLNW) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - April 29 at 9:28 AM
americanbankingnews.com logoLimelight Networks (LLNW) Receives Media Impact Score of 0.09
www.americanbankingnews.com - April 28 at 8:18 PM
americanbankingnews.com logoFY2017 Earnings Estimate for Limelight Networks, Inc. (LLNW) Issued By B. Riley
www.americanbankingnews.com - April 28 at 4:16 PM
americanbankingnews.com logoDA Davidson Equities Analysts Raise Earnings Estimates for Limelight Networks, Inc. (LLNW)
www.americanbankingnews.com - April 28 at 4:16 PM
finance.yahoo.com logoLimelight Networks, Inc. :LLNW-US: Earnings Analysis: Q1, 2017 By the Numbers : April 27, 2017
finance.yahoo.com - April 27 at 6:52 PM
americanbankingnews.com logoLimelight Networks, Inc. (LLNW) Expected to Announce Quarterly Sales of $45.81 Million
www.americanbankingnews.com - April 27 at 10:44 AM
finance.yahoo.com logoEdited Transcript of LLNW earnings conference call or presentation 24-Apr-17 8:30pm GMT
finance.yahoo.com - April 26 at 7:00 PM
americanbankingnews.com logoLimelight Networks, Inc. (LLNW) Given New $3.50 Price Target at Cowen and Company
www.americanbankingnews.com - April 26 at 6:44 PM
americanbankingnews.com logoLimelight Networks, Inc. (LLNW) Expected to Post Earnings of -$0.01 Per Share
www.americanbankingnews.com - April 25 at 10:09 PM
americanbankingnews.com logoSomewhat Positive News Coverage Likely to Affect Limelight Networks (LLNW) Share Price
www.americanbankingnews.com - April 25 at 9:36 PM
finance.yahoo.com logoLimelight Networks reports highest revenue in 16 quarters
finance.yahoo.com - April 25 at 5:42 PM
americanbankingnews.com logoLimelight Networks, Inc. (LLNW) Rating Reiterated by B. Riley
www.americanbankingnews.com - April 25 at 10:20 AM
americanbankingnews.com logoLimelight Networks, Inc. (LLNW) Releases Quarterly Earnings Results
www.americanbankingnews.com - April 24 at 10:08 PM
finance.yahoo.com logoLimelight Networks Reports Financial Results for the First Quarter of 2017
finance.yahoo.com - April 24 at 6:25 PM
marketbeat.com logoLimelight Networks reports 1Q loss
marketbeat.com - April 24 at 4:33 PM
finance.yahoo.com logoLimelight Networks (LLNW) Shows Strength: Stock Up 5.2%
finance.yahoo.com - April 24 at 1:24 PM
americanbankingnews.com logoPositive News Coverage Somewhat Likely to Affect Limelight Networks (LLNW) Stock Price
www.americanbankingnews.com - April 21 at 10:21 PM
finance.yahoo.com logoLimelight Video Services Enhanced to Support the Latest Trends in Digital Media Usage
finance.yahoo.com - April 21 at 10:13 AM
finance.yahoo.com logoETFs with exposure to Limelight Networks, Inc. : April 20, 2017
finance.yahoo.com - April 20 at 6:22 PM
finance.yahoo.com logoNew Limelight Cloud Security Services Offer Scalable Protection to Safeguard Websites and Apps from Online Attacks
finance.yahoo.com - April 18 at 10:41 AM
finance.yahoo.com logoCinedigm Selects Limelight Networks' Global CDN to Deliver Content for its Over-the-Top Networks Business - Yahoo Finance
finance.yahoo.com - April 12 at 8:06 AM
americanbankingnews.com logoShare Buyback Program Authorized by Limelight Networks (LLNW) Board of Directors
www.americanbankingnews.com - April 10 at 9:19 AM
americanbankingnews.com logoCowen and Company Reiterates "$3.00" Price Target for Limelight Networks, Inc. (LLNW)
www.americanbankingnews.com - April 5 at 6:45 PM
americanbankingnews.com logoLimelight Networks' (LLNW) Buy Rating Reiterated at B. Riley
www.americanbankingnews.com - April 5 at 5:34 PM
americanbankingnews.com logoLimelight Networks, Inc. (LLNW) Given Buy Rating at DA Davidson
www.americanbankingnews.com - April 3 at 10:56 AM
americanbankingnews.com logoB. Riley Reaffirms Buy Rating for Limelight Networks, Inc. (LLNW)
www.americanbankingnews.com - March 31 at 11:47 AM
finance.yahoo.com logoLimelight Networks Reports More Than 6X Efficiency Improvement and 15 Percent Carbon Footprint Reduction across Global CDN
au.finance.yahoo.com - March 29 at 10:12 AM
finance.yahoo.com logoLimelight’s Breakthrough Intelligent Ingest Automates and Accelerates Content Upload to Boost CDN Performance
au.finance.yahoo.com - March 28 at 10:45 AM
americanbankingnews.com logoLimelight Networks, Inc. (LLNW) Stock Rating Reaffirmed by B. Riley
www.americanbankingnews.com - March 26 at 8:33 PM
finance.yahoo.com logoLimelight Networks, Inc. to Issue First Quarter 2017 Financial Results on Monday, April 24, 2017 at 4:00 p.m. EDT
finance.yahoo.com - March 24 at 9:17 AM
finance.yahoo.com logoLimelight Networks’ “State of the User Experience” Research Report Reveals High Website Performance Expectations on All Connected Devices in Southeast Asia
au.finance.yahoo.com - March 22 at 11:29 PM
americanbankingnews.com logoLimelight Networks, Inc. (LLNW) Receives Buy Rating from B. Riley
www.americanbankingnews.com - March 22 at 12:31 PM
streetinsider.com logoLimelight Networks (LLNW) Shares Up 10%, Sets New Online Traffic Delivery Record
www.streetinsider.com - March 17 at 9:11 AM
fool.com logoWhy Limelight Networks, Inc. Stock Popped Today
www.fool.com - March 16 at 11:30 PM
us.rd.yahoo.com logoLimelight Networks Sets New Online Traffic Delivery Record
us.rd.yahoo.com - March 16 at 7:03 PM
us.rd.yahoo.com logo11:09 am Limelight Networks +3% after announcing the co delivered record online traffic levels on Mar 14 across its CDN
us.rd.yahoo.com - March 16 at 7:03 PM
finance.yahoo.com logoLimelight Networks Authorizes New $25 Million New Share Repurchase Program
finance.yahoo.com - March 15 at 6:32 PM
finance.yahoo.com logo9:16 am Limelight Networks' Board authorizes a new $25 mln share repurchase program, replacing existing program which had $9.5 mln remaining
finance.yahoo.com - March 15 at 6:32 PM

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Chart

Limelight Networks (LLNW) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff