| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
LLNW Overview
Limelight Networks, Inc. provides content delivery and related services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Limelight Networks Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$2.48 |
| 52 Week High | US$2.38 |
| 52 Week Low | US$7.04 |
| Beta | 0.48 |
| 1 Month Change | -9.49% |
| 3 Month Change | -25.30% |
| 1 Year Change | -56.34% |
| 3 Year Change | -52.12% |
| 5 Year Change | 37.02% |
| Change since IPO | -88.82% |
Recent News & Updates
Limelight Networks: Uncertain Turnaround Justifies The Valuation Discount
Limelight Networks misses on the top and bottom lines in its latest quarter. While the recent Layer0 acquisition is positive, I am concerned about the ambitious near-term guidance numbers. In light of the challenging backdrop, I view the current valuation premium as unjustified.
Limelight Networks, Inc. (NASDAQ:LLNW) Just Reported Earnings, And Analysts Cut Their Target Price
Limelight Networks, Inc. ( NASDAQ:LLNW ) missed earnings with its latest quarterly results, disappointing...
Shareholder Returns
| LLNW | US IT | US Market | |
|---|---|---|---|
| 7D | 1.6% | 0.7% | -0.5% |
| 1Y | -56.3% | 30.5% | 37.5% |
Return vs Industry: LLNW underperformed the US IT industry which returned 27.8% over the past year.
Return vs Market: LLNW underperformed the US Market which returned 36.2% over the past year.
Price Volatility
| LLNW volatility | |
|---|---|
| LLNW Beta | 0.48 |
| Industry Beta | 1.18 |
| Market Beta | 1 |
Stable Share Price: LLNW is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: LLNW's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2001 | 459 | Bob Lyons | https://www.limelight.com |
Limelight Networks, Inc. provides content delivery and related services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates private networks that deliver Websites, mobile applications, videos, music, software, games, and APIs; offers live and on-demand video delivery services; and provides online video platforms that help organizations manage, publish, syndicate, analyze, and monetize video contents. It also offers edge cloud services; cloud security services that provide defense against malicious apps, Website attacks, and unauthorized content access; and cloud storage services.
Limelight Networks Fundamentals Summary
| LLNW fundamental statistics | |
|---|---|
| Market Cap | US$310.43m |
| Earnings (TTM) | -US$51.52m |
| Revenue (TTM) | US$214.18m |
1.5x
P/S Ratio-6.1x
P/E RatioIs LLNW overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LLNW income statement (TTM) | |
|---|---|
| Revenue | US$214.18m |
| Cost of Revenue | US$131.03m |
| Gross Profit | US$83.15m |
| Expenses | US$134.67m |
| Earnings | -US$51.52m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.42 |
| Gross Margin | 38.82% |
| Net Profit Margin | -24.06% |
| Debt/Equity Ratio | 92.7% |
How did LLNW perform over the long term?
See historical performance and comparisonValuation
Is Limelight Networks undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LLNW ($2.48) is trading below our estimate of fair value ($7.68)
Significantly Below Fair Value: LLNW is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LLNW is unprofitable, so we can't compare its PE Ratio to the US IT industry average.
PE vs Market: LLNW is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LLNW's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LLNW is good value based on its PB Ratio (2.4x) compared to the US IT industry average (5.3x).
Future Growth
How is Limelight Networks forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
70.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LLNW is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: LLNW is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: LLNW's is expected to become profitable in the next 3 years.
Revenue vs Market: LLNW's revenue (8.2% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: LLNW's revenue (8.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if LLNW's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Limelight Networks performed over the past 5 years?
24.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LLNW is currently unprofitable.
Growing Profit Margin: LLNW is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LLNW is unprofitable, but has reduced losses over the past 5 years at a rate of 24.7% per year.
Accelerating Growth: Unable to compare LLNW's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LLNW is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (28%).
Return on Equity
High ROE: LLNW has a negative Return on Equity (-39.36%), as it is currently unprofitable.
Financial Health
How is Limelight Networks's financial position?
Financial Position Analysis
Short Term Liabilities: LLNW's short term assets ($159.0M) exceed its short term liabilities ($32.2M).
Long Term Liabilities: LLNW's short term assets ($159.0M) exceed its long term liabilities ($132.7M).
Debt to Equity History and Analysis
Debt Level: LLNW's debt to equity ratio (92.7%) is considered high.
Reducing Debt: LLNW's debt to equity ratio has increased from 8.9% to 92.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: LLNW has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if LLNW has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Dividend
What is Limelight Networks's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LLNW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LLNW's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if LLNW's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LLNW's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LLNW's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.2yrs
Average management tenure
CEO
Bob Lyons (52 yo)
0.58
Tenure
Mr. Robert A. Lyons, also known as Bob, has been President, Chief Executive Officer and Director of Limelight Networks, Inc. since February 1, 2021. From 2018 to 2021, he served as Chief Executive Officer...
Leadership Team
Experienced Management: LLNW's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
Experienced Board: LLNW's board of directors are considered experienced (3.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.8%.
Top Shareholders
Company Information
Limelight Networks, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Limelight Networks, Inc.
- Ticker: LLNW
- Exchange: NasdaqGS
- Founded: 2001
- Industry: Internet Services and Infrastructure
- Sector: Software
- Market Cap: US$310.426m
- Shares outstanding: 126.70m
- Website: https://www.limelight.com
Number of Employees
Location
- Limelight Networks, Inc.
- 1465 North Scottsdale Road
- Suite 400
- Scottsdale
- Arizona
- 85257
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/23 23:01 |
| End of Day Share Price | 2021/09/23 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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 here.