NASDAQ:LLNW - Limelight Networks Stock Price, News, & Analysis

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$3.21 -0.02 (-0.62 %)
(As of 05/24/2019 04:00 PM ET)
Previous Close$3.23
Today's Range$3.1850 - $3.25
52-Week Range$2.21 - $5.32
Volume651,818 shs
Average Volume802,559 shs
Market Capitalization$368.78 million
P/E RatioN/A
Dividend YieldN/A
Beta2.6
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, social, and other digital initiatives. It operates edge services platform that provides content delivery services, video content management services, performance services for Website and Web application acceleration and security, professional services, cloud storage, and edge computing services, as well as sells equipment. 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, gaming, 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.

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Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Current SymbolNASDAQ:LLNW
CUSIP53261M10
Phone602-850-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$195.67 million
Cash Flow$0.1581 per share
Book Value$1.39 per share

Profitability

Net Income$9.84 million

Miscellaneous

Employees562
Market Cap$368.78 million
Next Earnings Date7/18/2019 (Estimated)
OptionableOptionable

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 were Limelight Networks' earnings last quarter?

Limelight Networks, Inc. (NASDAQ:LLNW) announced its earnings results on Wednesday, April, 17th. The information services provider reported ($0.07) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.04) by $0.03. The information services provider had revenue of $43.28 million for the quarter, compared to analyst estimates of $44.87 million. Limelight Networks had a negative return on equity of 8.25% and a net margin of 0.61%. Limelight Networks's revenue for the quarter was down 17.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.06 earnings per share. View Limelight Networks' Earnings History.

When is Limelight Networks' next earnings date?

Limelight Networks is scheduled to release their next quarterly earnings announcement on Thursday, July 18th 2019. View Earnings Estimates for Limelight Networks.

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

Limelight Networks issued an update on its FY19 earnings guidance on Wednesday, April, 17th. The company provided earnings per share guidance of $0.10-0.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.12. The company issued revenue guidance of $215-225 million, compared to the consensus revenue estimate of $212.69 million.Limelight Networks also updated its FY 2019 guidance to $0.10-0.20 EPS.

What price target have analysts set for LLNW?

4 equities research analysts have issued 1 year target prices for Limelight Networks' stock. Their predictions range from $6.00 to $7.00. On average, they expect Limelight Networks' share price to reach $6.50 in the next year. This suggests a possible upside of 102.5% from the stock's current price. View Analyst Price Targets for Limelight Networks.

What is the consensus analysts' recommendation for Limelight Networks?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Limelight Networks in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Limelight Networks.

Has Limelight Networks been receiving favorable news coverage?

Press coverage about LLNW stock has been trending neutral this week, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Limelight Networks earned a news sentiment score of 0.4 on InfoTrie's scale. They also gave media coverage about the information services provider a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the next few days.

Are investors shorting Limelight Networks?

Limelight Networks saw a increase in short interest in the month of April. As of April 30th, there was short interest totalling 2,847,830 shares, an increase of 43.3% from the April 15th total of 1,987,697 shares. Based on an average daily volume of 1,110,388 shares, the days-to-cover ratio is presently 2.6 days. Currently, 2.6% of the company's shares are short sold. View Limelight Networks' Current Options Chain.

Who are some of Limelight Networks' key competitors?

What other stocks do shareholders of Limelight Networks own?

Who are Limelight Networks' key executives?

Limelight Networks' management team includes the folowing people:
  • Mr. Robert A. Lento, Pres, CEO & Director (Age 58)
  • Mr. Sajid Malhotra, Chief Financial Officer (Age 55)
  • Mr. Michael D. DiSanto, Sr. VP, Chief Admin. & Legal Officer and Sec. (Age 46)
  • Mr. Kurt Silverman, Sr. VP of Devel. & Delivery (Age 62)
  • Mr. Nathan F. Raciborski, Founder (Age 52)

Who are Limelight Networks' major shareholders?

Limelight Networks' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.73%), Dimensional Fund Advisors LP (3.86%), Federated Investors Inc. PA (3.76%), Wellington Management Group LLP (3.45%), JPMorgan Chase & Co. (2.94%) and Cannell Capital LLC (2.44%). Company insiders that own Limelight Networks stock include Daniel R Boncel, David Peterschmidt, George Vonderhaar, Goldman Sachs Group Inc, Jeffrey T Fisher, Kurt Silverman, Mark J Midle, Robert A Lento and Sajid Malhotra. 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 Alambic Investment Management L.P., Marshall Wace LLP, New York State Common Retirement Fund, Morgan Stanley, Quantitative Systematic Strategies LLC, Connor Clark & Lunn Investment Management Ltd., Ironwood Investment Management LLC and Jefferies Group LLC. Company insiders that have sold Limelight Networks company stock in the last year include David Peterschmidt, George Vonderhaar, Kurt Silverman and Robert A Lento. View Insider Buying and Selling for Limelight Networks.

Which major investors are buying Limelight Networks stock?

LLNW stock was acquired by a variety of institutional investors in the last quarter, including Cannell Capital LLC, Federated Investors Inc. PA, IndexIQ Advisors LLC, AQR Capital Management LLC, Royce & Associates LP, Acadian Asset Management LLC, Falcon Point Capital LLC and Jacobs Levy Equity Management Inc.. View Insider Buying and Selling for Limelight Networks.

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 $3.21.

How big of a company is Limelight Networks?

Limelight Networks has a market capitalization of $368.78 million and generates $195.67 million in revenue each year. The information services provider earns $9.84 million in net income (profit) each year or ($0.02) on an earnings per share basis. Limelight Networks employs 562 workers across the globe.

What is Limelight Networks' official website?

The official website for Limelight Networks is http://www.limelight.com/.

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 (NASDAQ LLNW)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  331 (Vote Outperform)
Underperform Votes:  257 (Vote Underperform)
Total Votes:  588
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.
This page was last updated on 5/24/2019 by MarketBeat.com Staff

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