limelight networks (nasdaq: llnw), a global leader in digital content delivery, empowers customers to better engage digital audiences by enabling them to optimize and deliver digital content on any device, anywhere in the world. the company's award winning limelight orchestrate™ platform includes an integrated suite of content delivery technology and services that helps organizations deliver exceptional multi-screen experiences, improve brand awareness, drive revenue, and enhance customer relationships — all while reducing costs. for more information, please visit www.limelight.com, read our blog, follow us on twitter® at www.twitter.com/llnw, facebook www.facebook.com/limelightnetworks and be sure to visit limelight connect.
Company profile
Ticker
EGIO
Exchange
Website
CEO
Robert Lento
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Limelight Networks, Inc.
SEC CIK
Corporate docs
Subsidiaries
Edgio Networks Canada • Edgio do Brasil Ltda incorporated • Edgio France SARL incorporated • Edgio Germany GmbH incorporated • Edgio Hong Kong Limited incorporated • Edgio Solutions India Private Limited incorporated • Limelight Networks International, Inc. incorporated • Edgio Italia S.r.l. incorporated • Edgio Japan, Ltd. incorporated • Edgio Korea Ltd. incorporated ...
IRS number
201677033
EGIO stock data
Latest filings (excl ownership)
8-K
Edgio, Inc. Receives Expected Notice from NASDAQ
5 Apr 24
NT 10-K
Notice of late annual filing
15 Mar 24
8-K
Edgio Announces Preliminary Unaudited Fourth Quarter 2023 Financial Results
15 Mar 24
8-K
Cost Associated with Exit or Disposal Activities
7 Mar 24
8-K
Amendments to Articles of Incorporation or Bylaws
1 Mar 24
8-K
Edgio Announces Effectiveness of Reverse Stock Split
27 Feb 24
8-K
Departure of Directors or Certain Officers
14 Feb 24
8-K
Submission of Matters to a Vote of Security Holders
30 Jan 24
8-K
Changes in Registrant's Certifying Accountant
29 Jan 24
8-K/A
Departure of Directors or Certain Officers
11 Jan 24
Transcripts
EGIO
Earnings call transcript
2023 Q3
15 Nov 23
EGIO
Earnings call transcript
2023 Q2
12 Sep 23
EGIO
Earnings call transcript
2022 Q4
19 Jul 23
EGIO
Earnings call transcript
2022 Q3
9 Nov 22
EGIO
Earnings call transcript
2022 Q2
9 Aug 22
EGIO
Earnings call transcript
2022 Q1
28 Apr 22
EGIO
Earnings call transcript
2022 Q1
28 Apr 22
EGIO
Earnings call transcript
2021 Q4
21 Jan 22
EGIO
Earnings call transcript
2021 Q4
20 Jan 22
EGIO
Earnings call transcript
2021 Q3
5 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 27.63 mm | 27.63 mm | 27.63 mm | 27.63 mm | 27.63 mm | 27.63 mm |
Cash burn (monthly) | 2.85 mm | 2.64 mm | 8.00 mm | 11.88 mm | 3.56 mm | 3.25 mm |
Cash used (since last report) | 19.46 mm | 18.01 mm | 54.61 mm | 81.06 mm | 24.31 mm | 22.16 mm |
Cash remaining | 8.17 mm | 9.62 mm | -26.98 mm | -53.43 mm | 3.32 mm | 5.47 mm |
Runway (months of cash) | 2.9 | 3.6 | -3.4 | -4.5 | 0.9 | 1.7 |
Institutional ownership, Q3 2023
16.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 112 |
Opened positions | 13 |
Closed positions | 22 |
Increased positions | 31 |
Reduced positions | 32 |
13F shares | Current |
---|---|
Total value | 32.81 bn |
Total shares | 39.11 mm |
Total puts | 563.00 k |
Total calls | 309.40 k |
Total put/call ratio | 1.8 |
Largest owners | Shares | Value |
---|---|---|
Pinnacle Associates | 5.76 mm | $4.91 bn |
Vanguard | 5.75 mm | $4.90 bn |
BK Bank Of New York Mellon | 4.39 mm | $3.74 bn |
Putnam Investments | 3.19 mm | $2.72 bn |
Granahan Investment Management | 2.83 mm | $2.41 bn |
BLK Blackrock | 1.85 mm | $1.57 bn |
Millennium Management | 1.61 mm | $1.37 bn |
Geode Capital Management | 1.43 mm | $1.22 bn |
Renaissance Technologies | 771.97 k | $657.09 mm |
DB Deutsche Bank AG - Registered Shares | 753.81 k | $640.73 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Mar 24 | Chang Eric | Common Stock | Payment of exercise | Dispose F | No | No | 8.16 | 891 | 7.27 k | 2,851 |
1 Mar 24 | Ajay Kapur | Common Stock | Payment of exercise | Dispose F | No | No | 9.86 | 1,535 | 15.14 k | 149,808 |
1 Mar 24 | Cumming Stephen | Common Stock | Payment of exercise | Dispose F | No | No | 9.86 | 241 | 2.38 k | 11,862 |
1 Mar 24 | Diegnan Richard P. JR | Common Stock | Payment of exercise | Dispose F | No | No | 9.86 | 76 | 749.36 | 5,674 |
1 Mar 24 | Chang Eric | Common Stock | Payment of exercise | Dispose F | No | No | 9.86 | 38 | 374.68 | 3,742 |
News
Citron Research Posts On X "$EGIO Let's Clear Up Some Misconceptions. Yesterday A Note Was Put Out By An Analyst Challenging Our Thesis. We Maintain The Company Will Be Bought At A Significant Premium To Here. 1- $EGIO Is A Significant Player In The CDN Space Which Is Crucial For Edge Computing And The Future Of AI...."
17 Apr 24
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16 Apr 24
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15 Apr 24
Sinclair Launches "Broadspan" Datacasting Platform; Edgio Collaborates For Data Offloading Capabilities
15 Apr 24
12 Information Technology Stocks Moving In Monday's Intraday Session
15 Apr 24
Press releases
Sinclair Launches "Broadspan" Datacasting Platform
15 Apr 24
EverPass selects Edgio to Elevate Streaming Delivery to Commercial Establishments
11 Apr 24
Edgio Enables Broader FAST Outreach with Brazil Broadcaster
10 Apr 24
Edgio Receives Expected Notice from NASDAQ
5 Apr 24
Edgio Announces Preliminary Unaudited Fourth Quarter 2023 Financial Results
15 Mar 24