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: IT Services & Consulting
  • Sub-Industry: Internet Software & Services
  • Symbol: NASDAQ:LLNW
  • CUSIP: 53261M10
  • Web: www.limelightnetworks.com
Capitalization:
  • Market Cap: $432.63 million
  • Outstanding Shares: 109,248,000
Average Prices:
  • 50 Day Moving Avg: $3.59
  • 200 Day Moving Avg: $3.05
  • 52 Week Range: $1.45 - $3.99
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -396.00
  • P/E Growth: 33.00
Sales & Book Value:
  • Annual Revenue: $173.36 million
  • Price / Sales: 2.50
  • Book Value: $1.29 per share
  • Price / Book: 3.07
Profitability:
  • EBIDTA: $6.99 million
  • Net Margins: -8.65%
  • Return on Equity: -5.03%
  • Return on Assets: -3.39%
Debt:
  • Current Ratio: 2.13%
  • Quick Ratio: 2.13%
Misc:
  • Average Volume: 319,658 shs.
  • Beta: 2.53
  • Short Ratio: 1.35
 

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 share buyback plan on Monday, April 10th 2017, which authorizes the company to buyback $25,000,000.00 in 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 generally a sign that the company's board believes its stock is undervalued.

How were Limelight Networks' earnings last quarter?

Limelight Networks, Inc. (NASDAQ:LLNW) issued its earnings results on Wednesday, July, 26th. The company reported $0.03 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.01 by $0.02. The business earned $45.37 million during the quarter, compared to analyst estimates of $45.25 million. Limelight Networks had a negative net margin of 8.65% and a negative return on equity of 5.03%. The business's quarterly revenue was up 4.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.01 earnings per share. 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 Wednesday, October, 18th 2017. View Earnings Estimates for Limelight Networks.

What guidance has Limelight Networks issued on next quarter's earnings?

Limelight Networks issued an update on its FY17 earnings guidance on Wednesday, July, 26th. The company provided earnings per share (EPS) guidance of $0.05-0.07 for the period, compared to the Thomson Reuters consensus estimate of $0.05. The company issued revenue guidance of $180-182 million, compared to the consensus revenue estimate of $179.85 million.

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 forecasts range from $2.50 to $4.30. On average, they anticipate Limelight Networks' stock price to reach $3.43 in the next year. 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. " (6/27/2017)
  • 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 are Limelight Networks' key executives?

Limelight Networks' management team includes the folowing people:

  • Robert A. Lento, President, Chief Executive Officer, Director
  • Sajid Malhotra, Chief Financial Officer
  • Michael DiSanto, Chief Administrative and Legal Officer and Secretary
  • George E. Vonderhaar, Chief Sales Officer
  • Walter D. Amaral, Non-Executive Independent Chairman of the Board
  • Doug Bewsher, Director
  • Scott Genereux, Director
  • Jeffrey T. Fisher, Independent Director
  • Mark J Midle, Independent Director

Who owns Limelight Networks stock?

Limelight Networks' stock is owned by a number of of institutional and retail investors. Top institutional investors include Goldman Sachs Group Inc. (28.34%), Dimensional Fund Advisors LP (3.54%), Vanguard Group Inc. (2.73%), Banque Pictet & Cie SA (1.78%), Hood River Capital Management LLC (1.59%) and JPMorgan Chase & Co. (1.55%). 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 Hood River Capital Management LLC, Vanguard Group Inc., Royce & Associates LP, Nationwide Fund Advisors, JPMorgan Chase & Co., Horrell Capital Management Inc., Alliancebernstein L.P. and California State Teachers 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 acquired by a variety of institutional investors in the last quarter, including EAM Investors LLC, Algert Global LLC, Hillsdale Investment Management Inc., First Washington CORP, Chicago Equity Partners LLC, State Street Corp, Northern Trust Corp and Strs Ohio. 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.

What is Limelight Networks' stock price today?

One share of Limelight Networks stock can currently be purchased for approximately $3.96.


MarketBeat Community Rating for Limelight Networks (NASDAQ LLNW)
Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  199 (Vote Outperform)
Underperform Votes:  128 (Vote Underperform)
Total Votes:  327
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.

Analyst Ratings

Consensus Ratings for Limelight Networks (NASDAQ:LLNW) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $3.43 (13.30% downside)

Analysts' Ratings History for Limelight Networks (NASDAQ:LLNW)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/1/2017B. RileyReiterated RatingBuy$4.30LowView 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
(Data available from 9/24/2015 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
10/24/2017N/AView Earnings Details
7/26/2017Q2 2017$0.01$0.03$45.25 million$45.37 millionViewN/AView Earnings Details
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: 37.60%
Institutional Ownership Percentage: 68.99%
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
finance.yahoo.com logoLimelight Networks Offers Its Industry-Leading CDN Origin Storage Risk Free
finance.yahoo.com - September 20 at 2:28 AM
finance.yahoo.com logoIs There Now An Opportunity In Limelight Networks Inc (LLNW)?
finance.yahoo.com - September 20 at 2:28 AM
finance.yahoo.com logoNew and Enhanced Video Services from Limelight Networks Deliver Exceptional Digital Experiences for Customers
finance.yahoo.com - September 15 at 6:06 AM
finance.yahoo.com logoLimelight Networks, Inc. to Issue Third Quarter 2017 Financial Results on Wednesday, October 18, 2017, after the Market Close.
finance.yahoo.com - September 14 at 7:16 AM
finance.yahoo.com logoLimelight Networks’ “State of Online Video” Reports a 34 Percent Increase in Global Online Video Viewing
finance.yahoo.com - September 13 at 5:53 AM
americanbankingnews.com logoLimelight Networks, Inc. (LLNW) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - September 12 at 6:46 PM
americanbankingnews.com logoLimelight Networks, Inc. (LLNW) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - August 18 at 6:52 PM
americanbankingnews.com logo Brokerages Anticipate Limelight Networks, Inc. (LLNW) Will Announce Earnings of -$0.03 Per Share
www.americanbankingnews.com - August 18 at 12:26 PM
finance.yahoo.com logoWorkCast Relies on Limelight Networks’ CDN to Deliver Live Events to Tens of Thousands of Viewers Worldwide
finance.yahoo.com - August 16 at 3:55 PM
finance.yahoo.com logoETFs with exposure to Limelight Networks, Inc. : August 15, 2017
finance.yahoo.com - August 16 at 5:26 AM
finance.yahoo.com logoCinesoft Turns to Limelight Networks’ CDN for Better Performance, Customer Support and Cost-Savings
finance.yahoo.com - August 9 at 2:46 AM
americanbankingnews.com logoAnalyzing NetScout Systems (NTCT) and Limelight Networks (NASDAQ:LLNW)
www.americanbankingnews.com - August 8 at 12:33 PM
finance.yahoo.com logoWhy Limelight Networks, Inc. Shares Rose 18% in July
finance.yahoo.com - August 7 at 3:49 PM
americanbankingnews.com logoLimelight Networks, Inc. (NASDAQ:LLNW) Expected to Post Quarterly Sales of $42.82 Million
www.americanbankingnews.com - August 2 at 8:30 AM
finance.yahoo.com logoLimelight Networks, Inc. :LLNW-US: Earnings Analysis: Q2, 2017 By the Numbers : August 1, 2017
finance.yahoo.com - August 2 at 3:11 AM
fool.com logoHere's How Limelight Networks, Inc. Shares Doubled In 52 Weeks
www.fool.com - August 1 at 10:09 AM
fool.com logo2 Monster Stocks in the Making: Energous and Limelight Networks
www.fool.com - July 31 at 4:28 PM
americanbankingnews.com logoLimelight Networks, Inc. (LLNW) Upgraded to C by TheStreet
www.americanbankingnews.com - July 29 at 9:55 AM
finance.yahoo.com logoEdited Transcript of LLNW earnings conference call or presentation 26-Jul-17 8:30pm GMT
finance.yahoo.com - July 28 at 2:18 AM
bizjournals.com logoLimelight Networks reports highest revenue in over four years, 97 percent decrease in income loss
www.bizjournals.com - July 27 at 3:57 AM
finance.yahoo.com logoLimelight Networks Reports Financial Results for the Second Quarter of 2017
finance.yahoo.com - July 27 at 3:57 AM
finance.yahoo.com logoLimelight Networks reports 2Q loss
finance.yahoo.com - July 27 at 3:57 AM
americanbankingnews.com logoLimelight Networks, Inc. (NASDAQ:LLNW) Announces Quarterly Earnings Results
www.americanbankingnews.com - July 26 at 9:15 PM
americanbankingnews.com logoLimelight Networks, Inc. (NASDAQ:LLNW) Issues FY17 Earnings Guidance
www.americanbankingnews.com - July 26 at 7:42 PM
finance.yahoo.com logoETFs with exposure to Limelight Networks, Inc. : July 24, 2017
finance.yahoo.com - July 25 at 2:54 AM
americanbankingnews.com logoLimelight Networks, Inc. (NASDAQ:LLNW) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - July 24 at 7:16 PM
finance.yahoo.com logoLimelight Networks Expands Its Content Delivery Network Capacity in India with Three New Points-of-Presence
finance.yahoo.com - July 20 at 12:24 AM
finance.yahoo.com logoETFs with exposure to Limelight Networks, Inc. : July 14, 2017
finance.yahoo.com - July 15 at 5:53 AM
finance.yahoo.com logoLimelight Networks, Inc. breached its 50 day moving average in a Bullish Manner : LLNW-US : July 10, 2017
finance.yahoo.com - July 11 at 12:20 AM
americanbankingnews.com logo$45.83 Million in Sales Expected for Limelight Networks, Inc. (LLNW) This Quarter
www.americanbankingnews.com - July 9 at 10:40 AM
americanbankingnews.com logoLimelight Networks, Inc. (LLNW) Expected to Announce Earnings of -$0.01 Per Share
www.americanbankingnews.com - July 7 at 11:50 AM
finance.yahoo.com logoLimelight Networks, Inc. breached its 50 day moving average in a Bullish Manner : LLNW-US : June 28, 2017
finance.yahoo.com - June 28 at 8:00 PM
finance.yahoo.com logoPrimerica Uses Limelight Networks to Live Stream Company Meetings and Store Videos for On-Demand Viewing on Multiple Devices
finance.yahoo.com - June 28 at 8:00 PM
americanbankingnews.com logoLimelight Networks, Inc. (LLNW) Downgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - June 28 at 12:38 AM
finance.yahoo.com logoLimelight Networks, Inc. to Issue Second Quarter 2017 Financial Results on Wednesday, July 26, 2017, after the Market Close
finance.yahoo.com - June 20 at 7:15 PM
finance.yahoo.com logoETFs with exposure to Limelight Networks, Inc. : June 15, 2017
finance.yahoo.com - June 16 at 7:21 AM
finanznachrichten.de logoConsumer Preferences Shift to Digital Content Reveals Limelight Networks' New 'State of Digital Downloads' Report
www.finanznachrichten.de - June 15 at 2:10 AM
finance.yahoo.com logoLimelight Networks, Inc. – Value Analysis (NASDAQ:LLNW) : June 14, 2017
finance.yahoo.com - June 14 at 9:09 PM
finance.yahoo.com logoLimelight Networks, Inc. breached its 50 day moving average in a Bearish Manner : LLNW-US : June 13, 2017
finance.yahoo.com - June 13 at 6:11 PM
finance.yahoo.com logoConsumer Preferences Shift to Digital Content Reveals Limelight Networks’ New ‘State of Digital Downloads’ Report
finance.yahoo.com - June 13 at 6:11 PM
americanbankingnews.com logoZacks: Analysts Expect Limelight Networks, Inc. (LLNW) Will Post Earnings of -$0.01 Per Share
www.americanbankingnews.com - June 13 at 8:15 AM
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

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Chart

Limelight Networks (LLNW) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by MarketBeat.com Staff