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

Edgio

05/11/2021 05:57

* Limelight Networks Inc  LLNW.OQ  reported a quarterly adjusted
loss of 1 cents​​ per share for the quarter ended in September.
The mean expectation of nine analysts for the quarter was for a
loss of one cents per share.
* Revenue fell 6.8% to $55.20 million from a year ago;  analysts
expected $54.39 million. 
* Limelight Networks Inc's reported EPS for the quarter was a
loss of 8 cents​.
* The mean earnings estimate of analysts had risen by
about 11.1% 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 34.5% this
quarter and lost 19.8% so far this year.
* The company reported a quarterly loss of $10.11 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 3 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 
This summary was machine generated November 5 at 05:57 a.m.
 ​All figures in US dollars unless otherwise stated