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

Edgio

29/07/2021 22:33

* Limelight Networks Inc  LLNW.OQ  reported a quarterly adjusted
loss of 6 cents​​ per share for the quarter ended in June. The
mean expectation of eight analysts for the quarter was for a
loss of 3 cents per share.
* Revenue fell 17.4% to $48.35 million from a year ago; 
analysts expected $52.11 million. 
* Limelight Networks Inc's reported EPS for the quarter was a
loss of 11 cents​.
* The mean earnings estimate of analysts had fallen by
about 82.8% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Limelight Networks Inc shares had fallen by 16.5% this
quarter and lost 34.1% so far this year.
* The company reported a quarterly loss of $13.7 million.
* Wall Street's median 12-month price target for Limelight
Networks Inc is $3.75 
* 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." 
This summary was machine generated July 29 at 09:33 p.m.  ​All
figures in US dollars unless otherwise stated