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Edgio, Inc.OTCPK:EGIO.Q Stock Report

Market Cap US$585.0
Share Price
US$0.0001
My Fair Value
n/a
1Y-100.0%
7D0%
Portfolio Value
​
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Edgio, Inc.

OTCPK:EGIO.Q Stock Report

Market Cap: US$585.0

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Edgio (EGIO.Q) Stock Overview

Provides edge-enabled software solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. More details

EGIO.Q fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

Risk Analysis

Does not have a meaningful market cap ($585)

Highly volatile share price over the past 3 months compared to the US market

Latest financial reports are more than a year old


EGIO.Q Community Fair Values

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Edgio, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Edgio
Historical stock prices
Current Share PriceUS$0.0001
52 Week HighUS$12.64
52 Week LowUS$0.000001
Beta0
1 Month Change0%
3 Month Change-99.00%
1 Year Change-100.00%
3 Year Change-100.00%
5 Year Change-100.00%
Change since IPO-100.00%

Recent News & Updates

Recent updates

Analysis Article • Feb 23

Edgio (NASDAQ:EGIO) Is Carrying A Fair Bit Of Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article • Nov 17

The Consensus EPS Estimates For Edgio, Inc. (NASDAQ:EGIO) Just Fell Dramatically

One thing we could say about the analysts on Edgio, Inc. ( NASDAQ:EGIO ) - they aren't optimistic, having just made a...
Analysis Article • Oct 05

Does Edgio (NASDAQ:EGIO) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Seeking Alpha • Aug 22

Edgio appoints Stephen Cumming as finance chief

Edgio (NASDAQ:EGIO) said Monday it appointed Stephen Cumming as CFO and Rich Diegnan as chief legal officer. Cumming most recently served as CFO at network infrastructure firm Cambium Networks.
Seeking Alpha • Aug 08

Limelight Networks Non-GAAP EPS of $0.07 beats by $0.10, revenue of $74.31M beats by $15.84M

Limelight Networks press release (NASDAQ:EGIO): Q2 Non-GAAP EPS of $0.07 beats by $0.10. Revenue of $74.31M (+53.7% Y/Y) beats by $15.84M. FY2022 Outlook: Revenue outlook raised from $240M - $250M to $380M - $390M vs. consensus of $365.44M; Adjusted EBITDA of $13M to $16M vs. prior view of $24M to $28M; Capital expenditures: Less than 10% of revenue. FY2023 Outlook: Initial 2023 revenue outlook of between $550M and $560M vs. consensus of $543M, and adjusted EBITDA that exceeds $65M; An implied revenue expansion of 44% and adjusted EBITDA margin expansion from 4% in 2022 to 12% in 2023; Approximately 45% of total revenue falling into the high margin and recurring profile.
Seeking Alpha • Jul 24

Edgecast Valued At $120M (0.5x 2021 Revenue) In Closing Transaction With Limelight Networks

In June, Edgio closed on the acquisition of Edgecast from Yahoo (Apollo Global Management) and it was widely reported that the deal for the company valued Edgecast at close to $300 million, which is incorrect. As happens in every M&A situation, there are customary working capital adjustments at close, which amounted to approximately $35 million. The final outcome of the deal is that Limelight more than doubled their revenue for $185 million and also got an additional $65 million of cash to go with it. In June, Edgio (EGIO) closed on the acquisition of Edgecast from Yahoo (Apollo Global Management) and it was widely reported that the deal for the company valued Edgecast at close to $300 million, which is incorrect. While the initial value for Edgecast was $185 million, Apollo gave Edgio $30 million in cash as part of the deal. They also gave Edgio a second $35 million cash payment for customary working capital adjustments, in exchange for 8 million shares in Edgio, the newly combined entity consisting of Limelight, Layer0, and Edgecast. One could argue that if you subtract the $65 million in cash Apollo gave Edgio, Edgecast was really valued at $120 million, or less than half of Edgecast’s 2021 revenue of $285 million. Here’s a breakdown on the deal terms. Yahoo received 72 million shares from Edgio for the acquisition based on a locked in 30-day trailing VWAP (Volume-Weighted Average Price) of $4.12 a share. But the effective price of Limelight shares (Limelight has since changed its ticker symbol and now trades under EGIO) at closing was approximately $2.30, so the net price Edgio paid based on shares issued and their market value was approximately $165 million. As happens in every M&A situation, there are customary working capital adjustments at close, which amounted to approximately $35 million. In essence, Edgecast was coming over with about $35 million more of assets. So Apollo, who was bullish on Edgio’s new strategy, decided to take 8 million shares in exchange for the assets. Apollo only got 8 million shares for that investment because it was based on the deal locked in VWAP price of $4.12. So, in effect, Edgio issued another 8 million shares to Apollo in return for $35 million more of cash at closing indexed to Edgio’s locked-in VWAP price of $4.12. A 68% premium to the current price. Yahoo (Apollo) can also receive up to an additional 12.7 million shares of Edgio, representing up to $100 million of additional deal consideration, over the period ending on the third anniversary of the closing of the transaction, subject to the achievement of share-price targets. Edgio stockholders now own approximately 65% of the combined company, while Yahoo will own approximately 35% respectively. The final outcome of the deal is that Limelight more than doubled their revenue for $185 million and also got an additional $65 million of cash to go with it. So arguably Limelight’s final net price for Edgecast was approximately $120 million for the transaction. This is by far the best deal we have ever seen negotiated by a CDN vendor in acquiring a rival CDN, where the company wasn’t going under. Note: I have never bought, sold or traded stock in any company that offers content delivery services – ever. Even in my managed accounts, no CDN vendor is included. I do not make money in any way, based on the share price of any CDN vendor.
Analysis Article • Jun 07

Limelight Networks (NASDAQ:LLNW) Is Carrying A Fair Bit Of Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

Shareholder Returns

EGIO.QUS ITUS Market
7D0%-5.0%2.6%
1Y-100.0%-8.3%26.2%

Return vs Industry: EGIO.Q underperformed the US IT industry which returned 36.2% over the past year.

Return vs Market: EGIO.Q underperformed the US Market which returned 13.9% over the past year.

Price Volatility

Is EGIO.Q's price volatile compared to industry and market?
EGIO.Q volatility
EGIO.Q Average Weekly Movement9,189.8%
IT Industry Average Movement10.7%
Market Average Movement7.2%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: EGIO.Q's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: EGIO.Q's weekly volatility has decreased from 158856% to 9190% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2001822Todd Hinderswww.edg.io

Edgio, Inc. provides edge-enabled software solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates private global networks with distributed computing resources and extensive connectivity to last-mile broadband network providers; offers live and on-demand video delivery services; and provides platform, media, and application solutions. It also offers cloud security, edge compute, origin storage, and support services.

Edgio, Inc. Fundamentals Summary

How do Edgio's earnings and revenue compare to its market cap?
EGIO.Q fundamental statistics
Market capUS$585.00
Earnings (TTM)-US$141.65m
Revenue (TTM)US$403.59m
0.0x
P/S Ratio
0.0x
P/E Ratio

Is EGIO.Q overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EGIO.Q income statement (TTM)
RevenueUS$403.59m
Cost of RevenueUS$264.09m
Gross ProfitUS$139.50m
Other ExpensesUS$281.16m
Earnings-US$141.65m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did EGIO.Q perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/03 05:49
End of Day Share Price 2025/07/01 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Edgio, Inc. is covered by 18 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Richard FetykoBrean Capital Historical (Janney Montgomery)
Zachary SilverB. Riley Securities, Inc.
Gregory McDowellCitizens JMP Securities, LLC