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 IT Services & Consulting
Sub-IndustryInternet Software & Services
Trailing P/E Ratio-42.8
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$168.23 million
Price / Sales2.80
Cash Flow$0.08 per share
Price / Cash56.60
Book Value$1.31 per share
Price / Book3.27
Return on Equity-3.29%
Return on Assets-2.26%
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 approved a share buyback program 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 reacquire up to 10.6% of its stock through open market purchases. Stock buyback programs are typically 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 earnings results on Wednesday, October, 18th. The information services provider reported $0.02 EPS for the quarter, beating analysts' consensus estimates of $0.00 by $0.02. The information services provider had revenue of $46.07 million for the quarter, compared to analysts' expectations of $43.09 million. Limelight Networks had a negative return on equity of 3.29% and a negative net margin of 5.91%. Limelight Networks's revenue for the quarter was up 16.7% compared to the same quarter last year. View Limelight Networks' Earnings History.
When will Limelight Networks make its next earnings announcement?
Where is Limelight Networks' stock going? Where will Limelight Networks' stock price be in 2018?
4 brokers have issued 1-year target prices for Limelight Networks' stock. Their predictions range from $2.50 to $6.00. On average, they anticipate Limelight Networks' stock price to reach $5.00 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)
- 3. 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)
Are investors shorting Limelight Networks?
Limelight Networks saw a decline in short interest during the month of December. As of December 29th, there was short interest totalling 540,596 shares, a decline of 48.1% from the December 15th total of 1,041,171 shares. Based on an average trading volume of 837,373 shares, the short-interest ratio is presently 0.6 days. Currently, 0.5% 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 21Vianet Group (VNET), Silver Spring Networks (SSNI), Asiainfo-Linkage (ASIA), Quality Systems (QSII), Secureworks (SCWX), Carbonite (CARB), LivePerson (LPSN), Perficient (PRFT), Premiere Global Services (PGI), NCC Group (NCC), VASCO Data Security International (VDSI), Actua (ACTA), Mavenir Systems (MVNR), USA Technologies (USAT), Unisys (UIS), Kainos Group (KNOS), Learning Technologies Group (LTG) and Computer Programs & Systems (CPSI).
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)
Who owns Limelight Networks stock?
Who sold Limelight Networks stock? Who is selling Limelight Networks stock?
How do I buy Limelight Networks stock?
Shares of Limelight Networks 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 Limelight Networks stock can currently be purchased for approximately $4.28.
How big of a company is Limelight Networks?
Limelight Networks has a market capitalization of $475.05 million and generates $168.23 million in revenue each year. The information services provider earns $-73,920,000.00 in net income (profit) each year or ($0.10) on an earnings per share basis. Limelight Networks employs 510 workers across the globe.
How can I contact Limelight Networks?
Limelight Networks' mailing address is 222 S Mill Ave Fl 8, TEMPE, AZ 85281-2889, United States. The information services provider can be reached via phone at +1-602-8505000 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|
|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|
|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|
|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|
|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: $0.01
(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: 69.96%
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|
|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 (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
|Leading European E-Commerce Retailer Showroomprivé Turns to Limelight Networks for High Performance Online Shopping Experiences|
www.businesswire.com - December 14 at 5:21 PM
|Limelight Networks' (LLNW) "Buy" Rating Reaffirmed at B. Riley|
www.americanbankingnews.com - December 14 at 2:42 PM
|Limelight Networks Enhances DDoS Security Services with Faster Mitigation of Malicious Website Attacks - Business Wire (press release)|
www.businesswire.com - December 14 at 10:12 AM
|Limelight Networks Issues Guidance for 2018 | Business Wire - Business Wire (press release)|
www.businesswire.com - December 14 at 10:12 AM
|Leading European E-Commerce Retailer Showroomprivé Turns to Limelight Networks for High Performance Online ... - Business Wire (press release)|
www.businesswire.com - December 14 at 10:12 AM
|21Vianet Group, Inc. (VNET) Jumps: Stock Rises 8.2%|
finance.yahoo.com - December 14 at 10:12 AM
|Limelight Networks Issues Guidance for 2018|
finance.yahoo.com - December 13 at 10:23 AM
|Limelight Networks (LLNW) versus Its Competitors Financial Review|
www.americanbankingnews.com - December 12 at 1:38 AM
| Brokerages Expect Limelight Networks, Inc. (LLNW) to Post $0.01 EPS|
www.americanbankingnews.com - December 9 at 5:26 PM
|Limelight Networks, Inc. (LLNW) Director Mark J. Midle Sells 15,000,000 Shares|
www.americanbankingnews.com - December 7 at 5:26 PM
|B. Riley FBR Acts as Sole Book-Running Manager on $69 Million Public Offering of Limelight Networks Inc.|
finance.yahoo.com - December 7 at 10:23 AM
|B. Riley Comments on Limelight Networks, Inc.'s FY2019 Earnings (LLNW)|
www.americanbankingnews.com - December 6 at 11:52 PM
|Head to Head Contrast: Limelight Networks (LLNW) versus Its Rivals|
www.americanbankingnews.com - December 6 at 9:48 AM
|Limelight Networks (LLNW) Receives Buy Rating from B. Riley|
www.americanbankingnews.com - December 4 at 5:22 PM
|Limelight Networks, Inc. – Value Analysis (NASDAQ:LLNW) : December 4, 2017|
finance.yahoo.com - December 4 at 4:50 PM
|Limelight Networks (LLNW) Prices 15M Common Stock Offering by Certain Stockholders at $4.60/Share|
www.streetinsider.com - December 2 at 9:17 AM
|Limelight Networks, Inc. breached its 50 day moving average in a Bearish Manner : LLNW-US : December 1, 2017|
finance.yahoo.com - December 1 at 5:21 PM
|Limelight Networks -2.1% on pricing 15M-share offering|
seekingalpha.com - November 30 at 9:49 PM
|Why Limelight Networks, Inc. Stock Fell 10% Today|
finance.yahoo.com - November 30 at 4:49 PM
|Limelight Networks (LLNW) Reports Public Offering of Shares by Certain Selling Stockholders|
www.streetinsider.com - November 30 at 10:36 AM
|Limelight Networks Announces Launch of Public Offering|
finance.yahoo.com - November 29 at 5:06 PM
|ETFs with exposure to Limelight Networks, Inc. : November 27, 2017|
finance.yahoo.com - November 27 at 5:05 PM
|Limelight Networks, Inc. (LLNW) Receives Average Rating of "Buy" from Brokerages|
www.americanbankingnews.com - November 26 at 3:40 PM
|Zacks: Brokerages Anticipate Limelight Networks, Inc. (LLNW) Will Post Quarterly Sales of $47.72 Million|
www.americanbankingnews.com - November 23 at 6:14 AM
finance.yahoo.com - November 20 at 9:22 PM
|ETFs with exposure to Limelight Networks, Inc. : November 17, 2017|
finance.yahoo.com - November 18 at 4:25 AM
|Limelight Networks Report Reveals Only 21 Percent of Southeast Asian Consumers Feel Confident That Businesses Do Enough to Protect Against Cyber Attacks|
finance.yahoo.com - November 15 at 5:07 AM
|5 Big-Time Breakout Stocks to Kick-Off the Week|
finance.yahoo.com - November 11 at 10:02 PM
|ETFs with exposure to Limelight Networks, Inc. : November 6, 2017|
finance.yahoo.com - November 7 at 6:27 AM
|$47.72 Million in Sales Expected for Limelight Networks, Inc. (LLNW) This Quarter|
www.americanbankingnews.com - November 3 at 4:34 AM
|Limelight Networks, Inc. (LLNW) Given Average Rating of "Buy" by Analysts|
www.americanbankingnews.com - November 1 at 5:52 PM
|Earnings Review and Free Research Report: Limelight Networks’ Revenue Surged 17%; Non-GAAP EPS Rocketed 850%|
finance.yahoo.com - October 26 at 5:53 PM
|Limelight Networks, Inc. :LLNW-US: Earnings Analysis: Q3, 2017 By the Numbers : October 23, 2017|
finance.yahoo.com - October 23 at 8:09 PM
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 Thursday, January, 18, 2018