Limelight Networks Inc reports results for the quarter ended in December - Earnings Summary

Edgio

20/01/2022 22:54

* Limelight Networks Inc  LLNW.OQ  reported quarterly
adjusted
earnings of 2 cents​​ per share for the quarter ended in
December. The mean expectation of nine analysts for the quarter
was for earnings of one cent per share.
    * Revenue rose 13.5% to $62.89 million from a year ago; 
analysts
expected $61.57 million. 
    * Limelight Networks Inc's reported EPS for the quarter was
a loss
of 6 cents​.
    * The mean earnings estimate of analysts had fallen by
about 58.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Limelight Networks Inc shares had risen by 7.9% this
quarter.
    * The company reported a quarterly loss of $7.73 million.
    * Wall Street's median 12-month price target for Limelight
Networks Inc is $4.75 
    * 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." 

This summary was machine generated January 20 at 10:54 p.m.
 ​All figures in US dollars unless otherwise stated