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
SectorComputer and Technology
Trailing P/E Ratio-56.1348378803028
Forward P/E RatioInfinity
Sales & Book Value
Annual Sales$184.36 million
Price / Sales2.36
Cash Flow$0.17 per share
Price / Cash23.18
Book Value$1.30 per share
Price / Book3.02
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 announced that its Board of Directors has approved a stock repurchase plan 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 reacquire up to 10.6% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's management believes its shares are undervalued.
How were Limelight Networks' earnings last quarter?
Limelight Networks, Inc. (NASDAQ:LLNW) posted its quarterly earnings data on Wednesday, February, 7th. The information services provider reported $0.04 EPS for the quarter, beating the consensus estimate 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 return on equity of 1.50% and a negative net margin of 4.14%. The firm's revenue was up 10.1% compared to the same quarter last year. During the same period in the prior year, the business 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 1-year price objectives for Limelight Networks' stock. Their forecasts range from $5.50 to $6.00. On average, they expect Limelight Networks' stock price to reach $5.83 in the next twelve months. 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)
Who are some of Limelight Networks' key competitors?
Some companies that are related to Limelight Networks include Quality Systems (QSII), Secureworks (SCWX), Carbonite (CARB), LivePerson (LPSN), Perficient (PRFT), Premiere Global Services (PGI), Unisys (UIS), NCC Group (NCC), VASCO Data Security International (VDSI), Mavenir Systems (MVNR), TechTarget (TTGT), USA Technologies (USAT), Learning Technologies Group (LTG), Kainos Group (KNOS), Computer Programs & Systems (CPSI), AgroFresh Solutions (AGFS), SDL (SDL) and Servicesource International (SREV).
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?
Limelight Networks' stock is owned by a number of of retail and institutional investors. Top institutional shareholders 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%). 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 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.. View Insider Buying and Selling for Limelight Networks.
Who bought Limelight Networks stock? Who is buying Limelight Networks stock?
Limelight Networks' stock was bought 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 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 $3.93.
How big of a company is Limelight Networks?
Limelight Networks has a market capitalization of $435.55 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 510 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: 70.42%
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
|$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
|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 (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 Sunday, February, 18, 2018