Limelight Networks Inc expected to post a loss of 3 cents a share - Earnings Preview

Edgio

27/07/2021 22:42

* Limelight Networks Inc  LLNW.OQ   LLNW.O  is expected to show
a fall in quarterly revenue when it reports results on July 29. 
* The Scottsdale, Arizona-based company is expected to report 
 a 11.0% decrease in revenue to $52.108 million from $58.55
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Limelight Networks Inc
is for a loss of 3 cents per share. For the same quarter last
year, the company reported earnings of 3 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and 2 "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 Limelight
Networks Inc is $3.75​, about 33.1% above​ its last closing
price of $2.51. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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​
 Jun. 30 2020  0.01        0.01       0.03      Beat    349.8
 Mar.          0.00​       0.00       0.00      Met     100​
 31​ 2020​                                              
 Dec. 31 2019  0.04        0.04       0.05      Beat    15.4​
 Sep. 30 2019  0.00        0.01       0.01      Met     49.9
 Jun. 30 2019  -0.02       -0.02      -0.03     Missed  -80
 This summary was machine generated July 27 at 21:42 GMT.  All
figures in US dollars unless otherwise stated