S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NASDAQ:LLNW

Limelight Networks Stock Forecast, Price & News

$2.62
-0.13 (-4.73%)
(As of 12/3/2021 12:00 AM ET)
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Today's Range
$2.59
$2.79
50-Day Range
$2.33
$3.20
52-Week Range
$2.30
$5.61
Volume
1.07 million shs
Average Volume
1.20 million shs
Market Capitalization
$350.58 million
P/E Ratio
N/A
Dividend Yield
N/A
Beta
0.61
30 days | 90 days | 365 days | Advanced Chart
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Limelight Networks logo

About Limelight Networks

Limelight Networks, Inc. engages in the provision of content delivery network services. Its products include digital content and video delivery, cloud security, edge computing, origin storage and support services. The company's solutions include realtime streaming, file distribution, live video and video on demand. Limelight was founded by Michael M. Gordon, Allan M. Kalpan, Nathan F. Raciborski and William H. Rinehart in June 2001 and is headquartered in Scottsdale, AZ.

Headlines

Limelight Networks (NASDAQ:LLNW) Issues FY 2021 Earnings Guidance
December 2, 2021 |  americanbankingnews.com
Limelight Networks, Inc. (NASDAQ:LLNW) Short Interest Update
November 30, 2021 |  americanbankingnews.com
Limelight Networks (NASDAQ:LLNW) Releases FY 2021 Earnings Guidance
November 25, 2021 |  americanbankingnews.com
Limelight Networks (LLNW) Q3 2021 Earnings Call Transcript
November 6, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
Internet Software & Services
Current Symbol
NASDAQ:LLNW
CUSIP
53261M10
Employees
618
Year Founded
2014

Sales & Book Value

Annual Sales
$230.19 million
Cash Flow
$0.05 per share
Book Value
$1.06 per share

Profitability

Net Income
$-19.28 million
Pretax Margin
-26.96%

Debt

Price-To-Earnings

Miscellaneous

Free Float
119,896,000
Market Cap
$350.58 million
Optionable
Optionable

Company Calendar

Last Earnings
11/04/2021
Today
12/05/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/10/2022

Social Links


MarketRank

Overall MarketRank

2.00 out of 5 stars

Computer And Technology Sector

457th out of 892 stocks

Business Services, Not Elsewhere Classified Industry

72nd out of 137 stocks

Analyst Opinion: 3.1Community Rank: 4.7Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -












Limelight Networks (NASDAQ:LLNW) Frequently Asked Questions

Is Limelight Networks a buy right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Limelight Networks in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Limelight Networks stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LLNW, but not buy additional shares or sell existing shares.
View analyst ratings for Limelight Networks
or view top-rated stocks.

How has Limelight Networks' stock been impacted by Coronavirus (COVID-19)?

Limelight Networks' stock was trading at $4.47 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, LLNW shares have decreased by 41.4% and is now trading at $2.62.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Limelight Networks?

Limelight Networks saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 3,400,000 shares, a decline of 46.5% from the October 31st total of 6,360,000 shares. Based on an average daily trading volume, of 1,310,000 shares, the days-to-cover ratio is currently 2.6 days.
View Limelight Networks' Short Interest
.

When is Limelight Networks' next earnings date?

Limelight Networks is scheduled to release its next quarterly earnings announcement on Thursday, February 10th 2022.
View our earnings forecast for Limelight Networks
.

How were Limelight Networks' earnings last quarter?

Limelight Networks, Inc. (NASDAQ:LLNW) released its earnings results on Thursday, November, 4th. The information services provider reported ($0.04) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.03) by $0.01. The information services provider earned $55.20 million during the quarter, compared to analysts' expectations of $54.39 million. Limelight Networks had a negative trailing twelve-month return on equity of 25.74% and a negative net margin of 27.43%. Limelight Networks's revenue was down 6.8% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.03) EPS.
View Limelight Networks' earnings history
.

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

Limelight Networks updated its FY 2021 earnings guidance on Thursday, December, 2nd. The company provided earnings per share (EPS) guidance of $-0.170-$-0.120 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $-0.120. The company issued revenue guidance of $215 million-$220 million, compared to the consensus revenue estimate of $216.26 million.

What price target have analysts set for LLNW?

8 brokerages have issued 1 year price objectives for Limelight Networks' stock. Their forecasts range from $2.25 to $5.00. On average, they expect Limelight Networks' stock price to reach $3.88 in the next year. This suggests a possible upside of 47.9% from the stock's current price.
View analysts' price targets for Limelight Networks
or view top-rated stocks among Wall Street analysts.

Who are Limelight Networks' key executives?

Limelight Networks' management team includes the following people:
  • Robert A. Lyons, President, Chief Executive Officer & Director
  • Daniel Carney, Senior VP-Global Development & Operations
  • Daniel Richard Boncel, Chief Financial Officer, Treasurer & Senior VP
  • Christine Nath Cross, Chief Marketing Officer & Senior Vice President
  • Michael D. DiSanto, Secretary, Chief Administrative & Legal Officer

What is Robert Lento's approval rating as Limelight Networks' CEO?

103 employees have rated Limelight Networks CEO Robert Lento on Glassdoor.com. Robert Lento has an approval rating of 82% among Limelight Networks' employees.

What other stocks do shareholders of Limelight Networks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Limelight Networks investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Plug Power (PLUG), Nokia (NOK), Zynga (ZNGA), Inovio Pharmaceuticals (INO), Square (SQ), Intel (INTC), QUALCOMM (QCOM) and Fastly (FSLY).

What is Limelight Networks' stock symbol?

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

Who are Limelight Networks' major shareholders?

Limelight Networks' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.45%), Dimensional Fund Advisors LP (1.83%), Two Sigma Investments LP (1.77%), Geode Capital Management LLC (1.65%), Two Sigma Advisers LP (1.54%) and Assenagon Asset Management S.A. (1.61%). Company insiders that own Limelight Networks stock include David Peterschmidt, Jeffrey T Fisher, Kurt Silverman, Michael Disanto, Patricia Hadden, Robert A Lento, Sajid Malhotra, Scott Genereux, Thomas Marth and Walter Amaral.
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 Assenagon Asset Management S.A., Dimensional Fund Advisors LP, Deutsche Bank AG, Two Sigma Investments LP, Goldman Sachs Group Inc., BlackRock Inc., Geode Capital Management LLC, and Two Sigma Advisers LP. Company insiders that have sold Limelight Networks company stock in the last year include David Peterschmidt, Robert A Lento, and Scott Genereux.
View insider buying and selling activity for Limelight Networks
or view top insider-selling stocks.

Which major investors are buying Limelight Networks stock?

LLNW stock was purchased by a variety of institutional investors in the last quarter, including GSA Capital Partners LLP, Pinnacle Associates Ltd., Squarepoint Ops LLC, Granahan Investment Management Inc. MA, SG Americas Securities LLC, Exchange Traded Concepts LLC, Cubist Systematic Strategies LLC, and Connor Clark & Lunn Investment Management Ltd..
View insider buying and selling activity for Limelight Networks
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Limelight Networks' stock price today?

One share of LLNW stock can currently be purchased for approximately $2.62.

How much money does Limelight Networks make?

Limelight Networks has a market capitalization of $350.58 million and generates $230.19 million in revenue each year. The information services provider earns $-19.28 million in net income (profit) each year or ($0.47) on an earnings per share basis.

How many employees does Limelight Networks have?

Limelight Networks employs 618 workers across the globe.

When was Limelight Networks founded?

Limelight Networks was founded in 2014.

What is Limelight Networks' official website?

The official website for Limelight Networks is www.limelight.com.

Where are Limelight Networks' headquarters?

Limelight Networks is headquartered at 1465 NORTH SCOTTSDALE ROAD SUITE 400, SCOTTSDALE AZ, 85257.

How can I contact Limelight Networks?

Limelight Networks' mailing address is 1465 NORTH SCOTTSDALE ROAD SUITE 400, SCOTTSDALE AZ, 85257. The information services provider can be reached via phone at (602) 850-5000, via email at [email protected], or via fax at 602-850-5001.


This page was last updated on 12/5/2021 by MarketBeat.com Staff

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