About Limelight Networks (NASDAQ:LLNW)
Limelight 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
Industry COMPUTER SOFT/SERV
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Trailing P/E Ratio-62.9910012855306
Forward P/E RatioInfinity
Sales & Book Value
Annual Sales$184.36 million
Price / Sales2.65
Cash Flow$0.17 per share
Price / Cash25.54
Book Value$1.31 per share
Price / Book3.37
Return on Equity-1.50%
Return on Assets-1.05%
Limelight Networks (NASDAQ:LLNW) Frequently Asked Questions
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 of Directors has authorized a share buyback plan on Monday, April 10th 2017, which authorizes the company to buyback $25,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 10.6% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's leadership believes its shares are undervalued.
How were Limelight Networks' earnings last quarter?
Limelight Networks, Inc. (NASDAQ:LLNW) announced its quarterly earnings data on Wednesday, February, 7th. The information services provider reported $0.04 earnings per share for the quarter, beating analysts' consensus estimates of $0.01 by $0.03. The information services provider earned $48.19 million during the quarter, compared to analysts' expectations of $47.74 million. Limelight Networks had a negative net margin of 4.14% and a negative return on equity of 1.50%. The firm's revenue was up 10.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.02 EPS. View Limelight Networks' Earnings History.
When will Limelight Networks make its next earnings announcement?
What guidance has Limelight Networks issued on next quarter's earnings?
Limelight Networks issued an update on its FY18 earnings guidance on Wednesday, February, 7th. The company provided earnings per share guidance of $0.11-0.15 for the period, compared to the Thomson Reuters consensus estimate of $0.12. The company issued revenue guidance of $196-200 million, compared to the consensus revenue estimate of $198.91 million.
Where is Limelight Networks' stock going? Where will Limelight Networks' stock price be in 2018?
3 analysts have issued 12 month target prices for Limelight Networks' stock. Their forecasts range from $5.50 to $6.00. On average, they anticipate Limelight Networks' share price to reach $5.83 in the next year. View Analyst Ratings for Limelight Networks.
What are Wall Street 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. " (12/19/2017)
- 2. B. Riley analysts commented, "We have increased our FY17 revenue/ AEBITDA from $181.4MM/$27.0MM to $184.2MM/$27.8MM and FY18 revenue/AEBITDA from $191.4MM/$31.8MM to $199.4MM/$32.3MM. We are raising our PT from $5.30 to $6.00 on higher estimates using a 14x ’19 AEBITDA multiple, which is in line with comps. Key Points Solid 3Q Beat. Revenue/AEBITDA came in at $46.1MM/$7.4MM versus RILY at $43.0MM/ $4.5MM and consensus of $43.1MM/$4.9MM. Revenue grew 17% Y/Y primarily due to increased ARPU (+36% Y/Y) and continued market share gains. PF GM increased 610bps Y/Y to 58.9%, versus our expectation of 200bps increase, due to mix shift to higher value traffic. Both customer satisfaction (as measured by traffic growth/incident tickets) and customer retention were at 14 quarter highs during 3Q and is a driver of market share gains." (10/19/2017)
Are investors shorting Limelight Networks?
Limelight Networks saw a increase in short interest during the month of February. As of February 15th, there was short interest totalling 804,995 shares, an increase of 47.4% from the January 31st total of 546,200 shares. Based on an average daily trading volume, of 869,911 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.8% of the company's stock are sold short.
Who are some of Limelight Networks' key competitors?
Some companies that are related to Limelight Networks include Web.com Group (WEB), LivePerson (LPSN), NIC (EGOV), Radware (RDWR), ANGI Homeservices (ANGI), 21Vianet Group (VNET), Tuniu (TOUR), Liberty Tripadvisor (LTRPA), QAD (QADA), Carbonite (CARB), Perficient (PRFT), Xunlei (XNET), HealthStream (HSTM), Forrester Research (FORR), Cass Information Systems (CASS), Secureworks (SCWX), Benefitfocus (BNFT) and eXp World (EXPI).
Who are Limelight Networks' key executives?
Limelight Networks' management team includes the folowing people:
- Robert A. Lento, President, Chief Executive Officer, Director (Age 56)
- Sajid Malhotra, Chief Financial Officer (Age 53)
- Kurt Silverman, Senior Vice President - Development & Delivery (Age 60)
- Michael D. DiSanto, Chief Administrative and Legal Officer and Secretary (Age 44)
- George E. Vonderhaar, Chief Sales Officer (Age 56)
- Walter D. Amaral, Non-Executive Independent Chairman of the Board (Age 65)
- Doug Bewsher, Independent Director (Age 48)
- Jeffrey T. Fisher, Independent Director (Age 54)
- Scott Genereux, Independent Director (Age 53)
- Mark J. Midle, Independent Director (Age 40)
Has Limelight Networks been receiving favorable news coverage?
News coverage about LLNW stock has been trending somewhat positive on Wednesday, Accern Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Limelight Networks earned a media sentiment score of 0.10 on Accern's scale. They also gave news headlines about the information services provider an impact score of 52.01 out of 100, meaning that recent news coverage is somewhat likely to have an effect on the company's share price in the near term.
Who are Limelight Networks' major shareholders?
Limelight Networks' stock is owned by a number of of institutional and retail investors. Top institutional investors include Goldman Sachs Group Inc. (14.47%), BlackRock Inc. (6.29%), Hood River Capital Management LLC (3.14%), Renaissance Technologies LLC (2.68%), Cortina Asset Management LLC (2.34%) and B. Riley Financial Inc. (1.71%). Company insiders that own Limelight Networks stock include George Vonderhaar, Goldman Sachs Group Inc, Mark J Midle and Robert A Lento. View Institutional Ownership Trends for Limelight Networks.
Which major investors are selling Limelight Networks stock?
LLNW stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Cortina Asset Management LLC, Royce & Associates LP, Algert Global LLC, Acadian Asset Management LLC, Fuller & Thaler Asset Management Inc., EAM Investors LLC and Alliancebernstein L.P.. Company insiders that have sold Limelight Networks company stock in the last year include George Vonderhaar, Goldman Sachs Group Inc, Mark J Midle and Robert A Lento. View Insider Buying and Selling for Limelight Networks.
Which major investors are buying Limelight Networks stock?
LLNW stock was purchased by a variety of institutional investors in the last quarter, including B. Riley Financial Inc., Hood River Capital Management LLC, Millennium Management LLC, Northpointe Capital LLC, Two Sigma Investments LP, Renaissance Technologies LLC, Nicholas Investment Partners LP and Arrowstreet Capital Limited Partnership. View Insider Buying and Selling for Limelight Networks.
How do I buy shares of Limelight Networks?
Shares of LLNW can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Limelight Networks' stock price today?
One share of LLNW stock can currently be purchased for approximately $4.41.
How big of a company is Limelight Networks?
Limelight Networks has a market capitalization of $479.88 million and generates $184.36 million in revenue each year. The information services provider earns $-7,630,000.00 in net income (profit) each year or ($0.07) on an earnings per share basis. Limelight Networks employs 533 workers across the globe.
How can I contact Limelight Networks?
Limelight Networks' mailing address is 222 SOUTH MILL AVENUE 8TH FLOOR, TEMPE AZ, 85281. The information services provider can be reached via phone at 602-850-5000 or via email at [email protected]
MarketBeat Community Rating for Limelight Networks (LLNW)MarketBeat's community ratings are surveys of what our community members think about Limelight Networks and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Limelight Networks (NASDAQ:LLNW) Earnings History and Estimates Chart
Limelight Networks (NASDAQ LLNW) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/7/2018||Q4 2017||$0.01||$0.04||$47.74 million||$48.19 million||View||Listen|
|10/18/2017||Q3 2017||$0.00||$0.02||$43.09 million||$46.07 million||View||N/A|
|7/26/2017||Q2 2017||$0.01||$0.03||$45.25 million||$45.37 million||View||N/A|
|4/24/2017||Q1 2017||$0.00||$0.02||$43.01 million||$44.70 million||View||N/A|
|2/8/2017||Q416||$0.01||$0.02||$43.66 million||$43.80 million||View||Listen|
|10/26/2016||Q3 2016||($0.02)||($0.03)||$43.52 million||$39.47 million||View||N/A|
|7/27/2016||Q216||($0.01)||$0.01||$43.84 million||$43.56 million||View||Listen|
|4/27/2016||Q116||($0.01)||($0.01)||$43.40 million||$41.40 million||View||Listen|
|2/9/2016||Q4 2015||($0.04)||($0.03)||$44.06 million||$42.74 million||View||N/A|
|11/3/2015||Q315||($0.03)||($0.04)||$42.98 million||$42.00 million||View||N/A|
|8/3/2015||Q215||($0.04)||($0.04)||$41.64 million||$43.80 million||View||N/A|
|4/30/2015||Q115||($0.07)||($0.02)||$39.00 million||$42.30 million||View||N/A|
|2/2/2015||Q414||($0.09)||($0.02)||$38.66 million||$40.70 million||View||N/A|
|11/10/2014||Q3 2014||($0.10)||($0.05)||$37.19 million||$39.02 million||View||N/A|
|8/4/2014||Q214||($0.07)||($0.04)||$39.62 million||$41.30 million||View||N/A|
|5/6/2014||Q114||($0.07)||($0.04)||$38.91 million||$41.20 million||View||N/A|
|2/13/2014||Q413||($0.06)||($0.05)||$42.88 million||$42.20 million||View||Listen|
|11/5/2013||Q313||($0.07)||($0.07)||$42.93 million||$42.70 million||View||N/A|
|8/7/2013||Q2 2013||($0.05)||($0.07)||$45.93 million||$42.76 million||View||N/A|
|5/9/2013||Q1 2013||($0.05)||($0.04)||$45.73 million||$45.80 million||View||N/A|
|2/19/2013||Q4 2012||($0.04)||($0.06)||$46.28 million||$46.30 million||View||N/A|
|11/1/2012||Q312||($0.05)||($0.05)||$44.80 million||$45.00 million||View||N/A|
Limelight Networks (NASDAQ:LLNW) Earnings Estimates
2018 EPS Consensus Estimate: $0.02
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Limelight Networks (NASDAQ:LLNW)
No dividend announcements for this company have been tracked by MarketBeat.com
Limelight Networks (NASDAQ LLNW) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 37.60%
Institutional Ownership Percentage: 68.96%
Limelight Networks (NASDAQ LLNW) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|3/15/2018||George Vonderhaar||Insider||Sell||586||$4.50||$2,637.00|| |
|3/12/2018||George Vonderhaar||Insider||Sell||4,000||$4.52||$18,080.00|| |
|3/8/2018||George Vonderhaar||Insider||Sell||300||$4.51||$1,353.00|| |
|3/6/2018||Goldman Sachs Group Inc||Major Shareholder||Sell||15,272,493||$3.80||$58,035,473.40|| |
|3/5/2018||George Vonderhaar||Insider||Sell||414||$4.51||$1,867.14|| |
|3/1/2018||Robert A Lento||CEO||Sell||40,000||$4.00||$160,000.00|| |
|12/5/2017||Mark J Midle||Director||Sell||15,000,000||$4.35||$65,250,000.00|| |
|8/24/2015||Robert A Lento||CEO||Buy||20,000||$2.26||$45,200.00||1,015,176|| |
|8/21/2015||Sajid Malhotra||SVP||Buy||25,000||$2.45||$61,250.00||713,587|| |
|5/28/2015||Joseph Depalo||SVP||Sell||50,000||$4.37||$218,500.00|| |
|3/12/2015||Sajid Malhotra||SVP||Buy||50,000||$3.66||$183,000.00|| |
|3/2/2015||Daniel R Boncel||Insider||Buy||10,294||$3.40||$34,999.60|| |
|3/2/2015||Kirby Wadsworth||CMO||Buy||29,411||$3.40||$99,997.40|| |
|3/2/2015||Peter J Perrone||CFO||Buy||58,823||$3.40||$199,998.20|| |
|11/19/2014||Robert A Lento||CEO||Buy||25,000||$2.61||$65,250.00|| |
|11/19/2014||Sajid Malhotra||SVP||Buy||50,000||$2.62||$131,000.00|| |
|9/9/2014||Sajid Malhotra||SVP||Buy||50,000||$2.23||$111,500.00|| |
|8/27/2014||Kurt Silverman||SVP||Buy||15,000||$2.30||$34,500.00|| |
|6/4/2014||Sajid Malhotra||SVP||Buy||100,000||$2.45||$245,000.00|| |
|6/2/2014||Daniel R Boncel||Insider||Buy||50,000||$2.30||$115,000.00|| |
|5/29/2014||Peter J Perrone||CFO||Buy||31,577||$1.95||$61,575.15|| |
|5/21/2014||Sajid Malhotra||SVP||Buy||100,000||$2.14||$214,000.00||300,000|| |
|3/17/2014||Kurt Silverman||SVP||Buy||25,000||$2.15||$53,750.00||275,000|| |
|9/12/2013||Thomas Falk||Director||Sell||57,249||$2.02||$115,642.98||8,859|| |
|8/20/2013||Robert Lento||CEO||Buy||25,000||$1.97||$49,250.00||846,968|| |
|11/29/2012||Douglas S Lindroth||CFO||Buy||27,000||$1.90||$51,300.00|| |
|11/28/2012||Robert A Lento||CEO||Buy||25,000||$1.91||$47,750.00|| |
Limelight Networks (NASDAQ LLNW) News Headlines
|Limelight Networks Helps Companies Defend against Cyber Threats with New Bot Management Solution|
finance.yahoo.com - March 15 at 9:11 AM
|George Vonderhaar Sells 4,000 Shares of Limelight Networks, Inc. (LLNW) Stock|
www.americanbankingnews.com - March 12 at 8:32 PM
|Limelight Networks, Inc. (LLNW) Major Shareholder Goldman Sachs Group Inc Sells 15,272,493 Shares|
www.americanbankingnews.com - March 8 at 6:12 PM
|Limelight Networks, Inc. (LLNW) Receives Consensus Recommendation of "Buy" from Analysts|
www.americanbankingnews.com - March 6 at 3:44 PM
|$47.51 Million in Sales Expected for Limelight Networks, Inc. (LLNW) This Quarter|
www.americanbankingnews.com - March 6 at 8:58 AM
|Limelight Networks, Inc. (LLNW) CEO Sells $160,000.00 in Stock|
www.americanbankingnews.com - March 5 at 7:16 PM
|Bogle Investment Management L P DE Takes Position in Limelight Networks, Inc. (LLNW)|
www.americanbankingnews.com - March 5 at 5:10 AM
|Limelight Networks, Inc. (LLNW) Shares Bought by Arrowstreet Capital Limited Partnership|
www.americanbankingnews.com - March 5 at 4:40 AM
|Royce & Associates LP Has $3.62 Million Stake in Limelight Networks, Inc. (LLNW)|
www.americanbankingnews.com - March 4 at 10:50 AM
|Short Interest in Limelight Networks, Inc. (LLNW) Grows By 47.4%|
www.americanbankingnews.com - March 3 at 3:26 AM
|EAM Investors LLC Lowers Stake in Limelight Networks, Inc. (LLNW)|
www.americanbankingnews.com - March 1 at 12:11 PM
|Fuller & Thaler Asset Management Inc. Sells 212,111 Shares of Limelight Networks, Inc. (LLNW)|
www.americanbankingnews.com - February 28 at 12:38 PM
|Cortina Asset Management LLC Lowers Holdings in Limelight Networks, Inc. (LLNW)|
www.americanbankingnews.com - February 27 at 1:40 PM
|Technology Advancements to Limelight’s Orchestrate Platform Drive Unmatched Content Delivery Performance|
finance.yahoo.com - February 27 at 9:21 AM
|$47.84 Million in Sales Expected for Limelight Networks, Inc. (LLNW) This Quarter|
www.americanbankingnews.com - February 17 at 3:58 AM
|Zacks: Analysts Expect Limelight Networks, Inc. (LLNW) Will Post Earnings of $0.02 Per Share|
www.americanbankingnews.com - February 15 at 5:08 PM
|It's Quality Over Quantity for Limelight Networks Inc.|
www.fool.com - February 13 at 10:02 PM
|How To Avoid The Root Cause Of Customer Experience Meltdowns|
finance.yahoo.com - February 12 at 4:24 PM
|Q3 2018 EPS Estimates for Limelight Networks, Inc. Increased by Analyst (LLNW)|
www.americanbankingnews.com - February 12 at 4:26 AM
|Q3 2018 EPS Estimates for Limelight Networks, Inc. Increased by B. Riley (LLNW)|
www.americanbankingnews.com - February 12 at 4:26 AM
|Limelight Networks, Inc. (LLNW) Receives Average Recommendation of "Buy" from Brokerages|
www.americanbankingnews.com - February 9 at 3:44 PM
|Limelight Networks, Inc. to Host Earnings Call|
finance.yahoo.com - February 8 at 4:18 PM
|Limelight Networks (LLNW) Announces Earnings Results, Beats Estimates By $0.03 EPS|
www.americanbankingnews.com - February 8 at 1:22 PM
|Limelight Networks Reports Record Fourth Quarter and Full Year Financials|
www.bizjournals.com - February 8 at 8:49 AM
|Limelight Networks (LLNW) Releases FY18 Earnings Guidance|
www.americanbankingnews.com - February 8 at 12:44 AM
|Zacks: Brokerages Anticipate Limelight Networks, Inc. (LLNW) Will Post Quarterly Sales of $47.62 Million|
www.americanbankingnews.com - January 31 at 2:42 AM
|Limelight Networks Expands Storage Services with Low-Cost Option for Infrequently Accessed Content|
finance.yahoo.com - January 30 at 4:22 PM
|Limelight Networks (LLNW) Set to Announce Quarterly Earnings on Tuesday|
www.americanbankingnews.com - January 30 at 3:14 AM
|Limelight Networks, Inc. (LLNW) Expected to Post Earnings of $0.01 Per Share|
www.americanbankingnews.com - January 29 at 5:12 PM
|Avitas Systems, a GE Venture, Selects Limelight Networks to Optimize Predix-Based Cloud Capabilities for Digital Industrial Inspection|
finance.yahoo.com - January 29 at 4:19 PM
|This Morning's Technical Outlook on Internet Stocks -- JD.com, Limelight Networks, Sohu.com, and TripAdvisor|
www.bizjournals.com - January 29 at 9:21 AM
|Head-To-Head Analysis: Limelight Networks (LLNW) and AutoNavi (AMAP)|
www.americanbankingnews.com - January 20 at 9:46 AM
|Limelight Networks' (LLNW) Buy Rating Reiterated at B. Riley|
www.americanbankingnews.com - January 19 at 8:04 PM
|Limelight Networks (LLNW) Gains on Tencent Cloud Deal - StreetInsider.com|
www.streetinsider.com - January 18 at 11:00 AM
|Limelight Networks, Inc. (LLNW) Given Average Recommendation of "Buy" by Analysts|
www.americanbankingnews.com - January 15 at 3:40 PM
|Limelight Networks, Inc. (LLNW) Short Interest Down 48.1% in December|
www.americanbankingnews.com - January 15 at 5:10 AM
|Limelight Networks, Inc. (LLNW) Expected to Post Quarterly Sales of $47.62 Million|
www.americanbankingnews.com - January 14 at 4:30 AM
|$0.01 Earnings Per Share Expected for Limelight Networks, Inc. (LLNW) This Quarter|
www.americanbankingnews.com - January 12 at 7:34 PM
|How Limelight Networks, Inc. Stock Rose 75% in 2017|
finance.yahoo.com - January 9 at 4:54 PM
|Limelight Networks (LLNW) Stock Rating Reaffirmed by B. Riley|
www.americanbankingnews.com - January 5 at 1:34 PM
|Limelight Networks Sets New Content Delivery Traffic Record|
finance.yahoo.com - January 4 at 4:50 PM
|Limelight Networks, Inc. to Issue Fourth Quarter and Full Year 2017 Financial Results on Wednesday, February 7, 2018|
finance.yahoo.com - January 3 at 4:53 PM
|Reviewing Limelight Networks (LLNW) and Its Rivals|
www.americanbankingnews.com - January 1 at 1:30 AM
|Limelight Networks (LLNW) Downgraded to "Hold" at BidaskClub|
www.americanbankingnews.com - December 28 at 4:10 PM
| Analysts Anticipate Limelight Networks, Inc. (LLNW) Will Post Earnings of $0.01 Per Share|
www.americanbankingnews.com - December 27 at 5:32 AM
|Limelight Networks (LLNW) and Its Rivals Critical Analysis|
www.americanbankingnews.com - December 26 at 11:54 PM
|Zacks Investment Research Lowers Limelight Networks (LLNW) to Hold|
www.americanbankingnews.com - December 24 at 11:12 AM
|Limelight Networks (LLNW) Given Buy Rating at B. Riley|
www.americanbankingnews.com - December 21 at 1:42 PM
|Limelight Networks Expands Global Content Delivery Network Capacity by 39 Percent|
finance.yahoo.com - December 20 at 4:49 PM
|Limelight Networks (LLNW) versus The Competition Head-To-Head Contrast|
www.americanbankingnews.com - December 15 at 9:14 AM
Limelight Networks (NASDAQ:LLNW) SEC Filings
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Limelight Networks (NASDAQ:LLNW) Income Statement, Balance Sheet and Cash Flow Statement
Limelight Networks (NASDAQ LLNW) Stock Chart for Wednesday, March, 21, 2018