Limelight Networks Inc expected to post a loss of 4  cents a share - Earnings Preview

Edgio

26/04/2022 14:10

* Limelight Networks Inc  LLNW.OQ   LLNW.O  is expected
to show a
rise in quarterly revenue when it reports  results on April 28. 
    * The Tempe Arizona-based  company is expected to report  a
10.0% increase in revenue to $56.296 million from $51.2 million
a year ago, according to the mean estimate from 9 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Limelight Networks
Inc is
for a loss of 4 cents per share. For the same quarter last year,
the company reported a loss of 9 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 Limelight
Networks Inc is $6.5​, above​ its last closing price of $4.78.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.01        0.01       0.02      Beat    80
 Sep. 30 2021  -0.01       -0.01      -0.01     Met     -12.5
 Jun. 30 2021  -0.04       -0.03      -0.06     Missed  -84.6​
 Mar. 31 2021  -0.03       -0.03      -0.09     Missed  -242.9
 ​​Dec.        0.02        0.02       -0.03     Missed  -249.3
 31 2020                                                
 Sep. 30 2020  0.02        0.02       -0.01     Missed  -150​
 Jun. 30 2020  0.01        0.01       0.03      Beat    349.8
 Mar. 31 2020  0.00        0.00       0.00      Met     100
 This summary was machine generated April 26 at 13:10 GMT.  All
figures in US dollars  unless otherwise stated