About Limelight Networks (NASDAQ:LLNW)
Limelight Networks, Inc. provides content delivery and related services and solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers services and solutions for businesses to deliver their digital content across Internet, mobile, and social channels. It provides Orchestrate Platform, a suite of integrated services comprising content delivery, video content management, Website and Web application acceleration, Website and content security, and cloud storage services. The company also offers professional services and other infrastructure services, such as transit and rack space services. It serves media companies operating in the television, music, radio, newspaper, magazine, movie, game, software, and social media industries, as well as enterprises, technology companies, and government entities conducting business online. Limelight Networks, Inc. was founded in 2001 and is headquartered in Tempe, Arizona.
Industry, Sector and Symbol
Industry Business services, not elsewhere classified
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Trailing P/E Ratio-205.00
Forward P/E RatioInfinity
Sales & Book Value
Annual Sales$184.36 million
Price / Sales3.00
Cash Flow$0.1995 per share
Price / Cash25.01
Book Value$1.31 per share
Price / Book3.81
EPS (Most Recent Fiscal Year)($0.02)
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 declared that its board has approved a stock 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 purchase up to 10.6% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board of directors believes its shares are undervalued.
How were Limelight Networks' earnings last quarter?
Limelight Networks (NASDAQ:LLNW) released its quarterly earnings data on Thursday, April, 19th. The information services provider reported $0.06 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.02 by $0.04. The information services provider had revenue of $52.11 million for the quarter, compared to analysts' expectations of $48.17 million. Limelight Networks had a negative net margin of 4.14% and a negative return on equity of 1.50%. The business's revenue was up 16.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.02 earnings per share. View Limelight Networks' Earnings History.
What guidance has Limelight Networks issued on next quarter's earnings?
Limelight Networks updated its FY18 earnings guidance on Thursday, April, 19th. The company provided earnings per share guidance of $0.13-0.17 for the period, compared to the Thomson Reuters consensus estimate of $0.12. The company issued revenue guidance of $198-202 million, compared to the consensus revenue estimate of $199.11 million.
What price target have analysts set for LLNW?
4 brokerages have issued 1-year price objectives for Limelight Networks' shares. Their forecasts range from $5.50 to $6.00. On average, they expect Limelight Networks' stock price to reach $5.8750 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. " (4/18/2018)
- 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 in the month of March. As of March 29th, there was short interest totalling 1,152,052 shares, an increase of 76.1% from the March 15th total of 654,333 shares. Based on an average daily trading volume, of 913,410 shares, the days-to-cover ratio is currently 1.3 days. Approximately 1.1% of the shares of the stock are sold short.
Who are some of Limelight Networks' key competitors?
Some companies that are related to Limelight Networks include Tabula Rasa HealthCare (TRHC), Qiwi (QIWI), Cass Information Systems (CASS), eXp World (EXPI), TechTarget (TTGT), B. Riley Financial (RILY), InnerWorkings (INWK), QuinStreet (QNST), Resources Connection (RECN), MoneyGram International (MGI), ServiceSource (SREV), NEWTEK Business Services (NEWT), Gravity (GRVY), Reis (REIS), Liquidity Services (LQDT), PFSweb (PFSW), Points International (PCOM) and Collectors Universe (CLCT).
Who are Limelight Networks' key executives?
Limelight Networks' management team includes the folowing people:
- Mr. Sajid Malhotra, Sr. VP & CFO (Age 54)
- Mr. Michael D. DiSanto, Sr. VP, Chief Admin. & Legal Officer and Sec. (Age 45)
- Mr. George E. Vonderhaar, Sr. VP & Chief Sales Officer (Age 57)
- Mr. Robert A. Lento, Pres, CEO & Director (Age 57)
- Mr. Nathan F. Raciborski, Founder (Age 51)
Has Limelight Networks been receiving favorable news coverage?
News stories about LLNW stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by monitoring more than twenty 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 0.16 on Accern's scale. They also assigned headlines about the information services provider an impact score of 47.44 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
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 $4.99.
How big of a company is Limelight Networks?
Limelight Networks has a market capitalization of $469.90 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 ($0.02) 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 LLNW will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LLNW will underperform the S&P 500 over the long term. You may vote once every thirty days.
Limelight Networks (NASDAQ:LLNW) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
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 Trading History
(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|
|4/20/2018||George Vonderhaar||Insider||Sell||5,000||$4.67||$23,350.00|| |
|4/2/2018||Robert A. Lento||CEO||Sell||40,000||$4.21||$168,400.00|| |
|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
|George Vonderhaar Sells 5,000 Shares of Limelight Networks (LLNW) Stock|
www.americanbankingnews.com - April 20 at 7:40 PM
|Limelight Networks (LLNW) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPS|
www.americanbankingnews.com - April 20 at 9:32 AM
|Limelight Networks sees boost in revenue, turns profit during 1Q|
www.bizjournals.com - April 20 at 9:29 AM
|Limelight Networks' (LLNW) CEO Robert Lento on Q1 2018 Results - Earnings Call Transcript|
seekingalpha.com - April 20 at 9:29 AM
|Limelight Networks +8.5% after beat and raise in Q1|
seekingalpha.com - April 19 at 5:49 PM
|Limelight Networks (LLNW) Releases FY18 Earnings Guidance|
www.americanbankingnews.com - April 19 at 5:08 PM
|Limelight Networks Reports Record Financial Results for the First Quarter of 2018|
finance.yahoo.com - April 19 at 4:46 PM
|Limelight Networks: 1Q Earnings Snapshot|
finance.yahoo.com - April 19 at 4:46 PM
|Zacks Investment Research Lowers Limelight Networks (LLNW) to Hold|
www.americanbankingnews.com - April 18 at 7:46 AM
|Limelight Networks (LLNW) Lowered to "Hold" at ValuEngine|
www.americanbankingnews.com - April 17 at 10:29 AM
|Limelight Networks (LLNW) Raised to "Buy" at BidaskClub|
www.americanbankingnews.com - April 16 at 8:06 PM
|Oppenheimer Begins Coverage on Limelight Networks (LLNW)|
www.americanbankingnews.com - April 16 at 7:35 PM
|Limelight Networks (LLNW) to Release Earnings on Monday|
www.americanbankingnews.com - April 16 at 3:15 AM
|Limelight Networks (LLNW) Stock Rating Reaffirmed by B. Riley|
www.americanbankingnews.com - April 15 at 7:19 PM
|B. Riley Reiterates Buy Rating for Limelight Networks (LLNW)|
www.americanbankingnews.com - April 14 at 3:07 PM
|Limelight Networks (LLNW) Short Interest Update|
www.americanbankingnews.com - April 14 at 1:40 AM
|The Zacks Analyst Blog Highlights: Facebook, Autohome, Limelight and Match|
finance.yahoo.com - April 12 at 10:09 AM
|Limelight Networks (LLNW) Stock Rating Upgraded by BidaskClub|
www.americanbankingnews.com - April 11 at 9:31 PM
|Limelight Networks (LLNW) Expected to Announce Quarterly Sales of $47.51 Million|
www.americanbankingnews.com - April 9 at 2:54 AM
|$0.02 EPS Expected for Limelight Networks (LLNW) This Quarter|
www.americanbankingnews.com - April 7 at 1:22 PM
|DA Davidson Analysts Give Limelight Networks (LLNW) a $5.50 Price Target|
www.americanbankingnews.com - April 7 at 10:19 AM
|B. Riley Increases Limelight Networks (LLNW) Price Target to $6.00|
www.americanbankingnews.com - April 6 at 1:25 PM
|Limelight Networks (LLNW) Upgraded to Strong-Buy at Zacks Investment Research|
www.americanbankingnews.com - April 6 at 10:03 AM
|New Video Innovations from Limelight Networks Deliver Exceptional Online Experiences|
finance.yahoo.com - April 5 at 9:12 AM
|Limelight Networks (LLNW) to Post Q1 2018 Earnings of $0.00 Per Share, DA Davidson Forecasts|
www.americanbankingnews.com - April 5 at 7:38 AM
|Robert A. Lento Sells 40,000 Shares of Limelight Networks, Inc. (LLNW) Stock|
www.americanbankingnews.com - April 4 at 4:17 PM
|Limelight Networks, Inc. Forecasted to Earn Q3 2018 Earnings of ($0.01) Per Share (LLNW)|
www.americanbankingnews.com - April 4 at 6:26 AM
|Limelight Networks (LLNW) Raised to Buy at ValuEngine|
www.americanbankingnews.com - April 3 at 12:10 PM
|Limelight Networks (LLNW) in Focus: Stock Moves 6.6% Higher|
finance.yahoo.com - April 3 at 9:36 AM
|Limelight Networks and Akamai Technologies Settle All Outstanding Legal Disputes|
finance.yahoo.com - April 2 at 4:37 PM
|Why Limelight Networks, MediciNova, and Commvault Systems Jumped Today|
finance.yahoo.com - April 2 at 4:37 PM
|Limelight Networks, Inc. (LLNW) Given Consensus Recommendation of "Buy" by Brokerages|
www.americanbankingnews.com - March 31 at 3:48 PM
|New Research from Limelight Networks Shows Traditional Sports Viewership is at Risk as Millennials Switch Their Attention to Esports|
finance.yahoo.com - March 28 at 9:33 AM
|$47.51 Million in Sales Expected for Limelight Networks, Inc. (LLNW) This Quarter|
www.americanbankingnews.com - March 23 at 5:28 AM
|Limelight Networks (LLNW) Announces Resignation of Mark Midle from Board|
www.streetinsider.com - March 22 at 9:33 AM
|Limelight Announces Change to Board of Directors|
finance.yahoo.com - March 21 at 4:39 PM
|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
|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
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 Saturday, April, 21, 2018