Limelight Networks Inc expected to post earnings of 1cent a share - Earnings Preview

Edgio

18/01/2022 21:26

* Limelight Networks Inc  LLNW.OQ   LLNW.O  is expected
to show a
rise in quarterly revenue when it reports  results on January
20. 
    * The Tempe Arizona-based  company is expected to report  a
11.1% increase in revenue to $61.566 million from $55.39 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 earnings of 1 cent per share. For the same quarter last
year, the company reported a loss of 3 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and 1 "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 $4.75​, about 26.7% above​ its last closing
price of $3.48. ​​​
    * 

This summary was machine generated January 18 at 21:26 GMT.  All
figures in US dollars  unless otherwise stated