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

Edgio

30/04/2021 01:47

* Limelight Networks Inc  LLNW.OQ  reported a quarterly adjusted
loss of 9 cents​​ per share for the quarter ended in March. The
mean expectation of nine analysts for the quarter was for a loss
of 3 cents per share.
* Revenue fell 10.2% to $51.20 million from a year ago​; 
analysts expected $54.17 million.
* Limelight Networks Inc's reported EPS for the quarter was a
loss of 21 cents​.
* The mean earnings estimate of analysts had fallen by
about 1,226.6% 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 risen by 1.7% this
quarter and lost 9.0% so far this year.
* The company reported a quarterly loss of $25.53 million.
* Wall Street's median 12-month price target for Limelight
Networks Inc is $4.00 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell." 
This summary was machine generated April 30 at 12:47 a.m. GMT.
​All figures in US Dollars.​