Edgio Inc expected to post a loss of 5 cents a share - Earnings Preview

Edgio

08/11/2022 03:07

* Edgio Inc  EGIO.OQ   EGIO.O  is expected to show a rise in
quarterly revenue when it reports  results on November 9. 
    * The Phoenix Arizona-based  company is expected to report 
a
120.4% increase in revenue to $121.69 million from $55.2 million
a year ago, according to the mean estimate from 8 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Edgio Inc is for a
loss
of 5 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Edgio Inc
is $6​,
above​ its last closing price of $2.28. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  -0.04       -0.03      0.07      Beat    300
 Mar. 31 2022  -0.04       -0.04      -0.04     Met     -2.9
 Dec. 31 2021  0.01        0.01       0.02      Beat    80​
 Sep. 30 2021  -0.01       -0.01      -0.01     Met     -12.5
 ​​Jun.        -0.04       -0.03      -0.06     Missed  -84.6
 30 2021                                                
 Mar. 31 2021  -0.03       -0.03      -0.09     Missed  -242.9
                                                        ​
 Dec. 31 2020  0.02        0.02       -0.03     Missed  -249.3
 Sep. 30 2020  0.02        0.02       -0.01     Missed  -150
 This summary was machine generated November 8 at 03:07 GMT.  All
figures in US dollars  unless otherwise stated