Limelight Networks
Limelight Networks, Inc. provides content delivery and related services and solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The last earnings update was 96 days ago. More info.
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- Limelight Networks has significant price volatility in the past 3 months.
LLNW Share Price and Events
7 Day Returns
1 Year Returns
LLNW Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Limelight Networks (LLNW) | 0% | 24.8% | -31.1% | -35% | 121.6% | 44.3% |
| US IT | 1.2% | 13.7% | -1.3% | 3.4% | 73.1% | 76.3% |
| US Market | 0.7% | 10.2% | -1% | -8.1% | 38.8% | 38.9% |
1 Year Return vs Industry and Market
- LLNW underperformed the IT industry which returned 3.4% over the past year.
- LLNW underperformed the Market in United States of America which returned -8.1% over the past year.
LLNW Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Limelight Networks
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Limelight Networks.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 6 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 10.4% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 7.3% |
| IT Unlevered Beta | Simply Wall St/ S&P Global | 1.05 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.051 (1 + (1- 21%) (0%)) |
1.051 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.05 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.051 * 7.27%) |
10.37% |
Discounted Cash Flow Calculation for NasdaqGS:LLNW using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Limelight Networks is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.
| 2019 | 2020 | 2021 | 2022 | 2023 | |
| Levered FCF (USD, Millions) | 30.78 | 23.47 | 30.83 | 42.25 | 43.41 |
| Source | Analyst x1 | Analyst x4 | Analyst x1 | Analyst x1 | Est @ 2.75% |
|
Present Value Discounted (@ 10.37%) |
27.89 | 19.26 | 22.93 | 28.47 | 26.50 |
| Present value of next 5 years cash flows | $125.05 |
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2023
× (1 + g) ÷ (Discount Rate – g)
= $43.41 × (1 + 2.73%) ÷ (10.37% – 2.73%) |
$583.41 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)5
= $583.41 ÷ (1 + 10.37%)5 |
$356.16 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 5 years cash flows +
Terminal Value
= $125.05 + $356.16 |
$481.20 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $481.20 / 113.20 |
$4.25 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $4.25 |
| Current discount | Discount to share price of
$2.77
= -1 x ($2.77 - $4.25) / $4.25 |
34.8% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Limelight Networks's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Limelight Networks's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Limelight Networks's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Limelight Networks's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-09-30) in USD | $0.13 |
| NasdaqGS:LLNW Share Price ** | NasdaqGS (2019-01-23) in USD | $2.77 |
| United States of America IT Industry PE Ratio | Median Figure of 77 Publicly-Listed IT Companies | 26.48x |
| United States of America Market PE Ratio | Median Figure of 3,026 Publicly-Listed Companies | 16.96x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Limelight Networks.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NasdaqGS:LLNW Share Price ÷ EPS (both in USD) = 2.77 ÷ 0.13 |
21.82x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Limelight Networks is good value based on earnings compared to the US IT industry average.
- Limelight Networks is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does
Limelight Networks's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 21.82x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts |
22.3%per year |
| United States of America IT Industry PEG Ratio | Median Figure of 64 Publicly-Listed IT Companies | 1.77x |
| United States of America Market PEG Ratio | Median Figure of 2,109 Publicly-Listed Companies | 1.26x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 21.82x ÷ 22.3% |
0.98x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Limelight Networks is good value based on expected growth next year.
Price based on value of assets
What value do investors place on
Limelight Networks's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-09-30) in USD | $1.48 |
| NasdaqGS:LLNW Share Price * | NasdaqGS (2019-01-23) in USD | $2.77 |
| United States of America IT Industry PB Ratio | Median Figure of 120 Publicly-Listed IT Companies | 4.11x |
| United States of America Market PB Ratio | Median Figure of 5,102 Publicly-Listed Companies | 1.75x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NasdaqGS:LLNW Share Price ÷ Book Value per Share (both in USD) = 2.77 ÷ 1.48 |
1.88x |
* Primary Listing of Limelight Networks.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Limelight Networks is good value based on assets compared to the US IT industry average.
Value checks
We assess Limelight Networks's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the IT industry average (and greater than 0)? (1 check) Limelight Networks has a total score of 4/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
LLNW Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Limelight Networks's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- Limelight Networks's earnings growth is expected to exceed the United States of America market average.
- Limelight Networks's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NasdaqGS:LLNW Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts | 22.3% |
| NasdaqGS:LLNW Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts | 9.9% |
| United States of America IT Industry Earnings Growth Rate | Market Cap Weighted Average | 17.1% |
| United States of America IT Industry Revenue Growth Rate | Market Cap Weighted Average | 9.3% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 13.6% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.2% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 6 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2022-12-31 | 293 | 72 | 36 | 1 |
| 2021-12-31 | 266 | 57 | 25 | 1 |
| 2020-12-31 | 243 | 41 | 13 | 6 |
| 2019-12-31 | 217 | 28 | 10 | 6 |
| 2018-12-31 | 196 | 18 | 11 | 6 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-09-30 | 200 | 14 | 14 |
| 2018-06-30 | 197 | 5 | 13 |
| 2018-03-31 | 192 | 6 | -4 |
| 2017-12-31 | 184 | 5 | -8 |
| 2017-09-30 | 180 | 4 | -11 |
| 2017-06-30 | 173 | 2 | -15 |
| 2017-03-31 | 172 | 5 | -71 |
| 2016-12-31 | 168 | 7 | -74 |
| 2016-09-30 | 167 | 18 | -74 |
| 2016-06-30 | 170 | 20 | -76 |
| 2016-03-31 | 170 | 14 | -24 |
| 2015-12-31 | 171 | 6 | -24 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 6 Analyst Estimates (S&P Global) | See Below |
All data from Limelight Networks Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2022-12-31 | 0.28 | 0.28 | 0.28 | 1.00 |
| 2021-12-31 | 0.20 | 0.20 | 0.20 | 1.00 |
| 2020-12-31 | 0.11 | 0.14 | 0.08 | 6.00 |
| 2019-12-31 | 0.04 | 0.11 | 0.00 | 5.00 |
| 2018-12-31 | 0.09 | 0.11 | 0.08 | 6.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-09-30 | 0.13 |
| 2018-06-30 | 0.11 |
| 2018-03-31 | -0.04 |
| 2017-12-31 | -0.07 |
| 2017-09-30 | -0.10 |
| 2017-06-30 | -0.14 |
| 2017-03-31 | -0.68 |
| 2016-12-31 | -0.71 |
| 2016-09-30 | -0.72 |
| 2016-06-30 | -0.74 |
| 2016-03-31 | -0.24 |
| 2015-12-31 | -0.24 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if Limelight Networks will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess Limelight Networks's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Limelight Networks has a total score of 4/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
LLNW Past Performance
How has Limelight Networks performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Limelight Networks's year on year earnings growth rate has been positive over the past 5 years.
- Limelight Networks has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
- Limelight Networks has become profitable in the last year making it difficult to compare the US IT industry average.
Earnings and Revenue History
All data from Limelight Networks Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-09-30 | 199.87 | 14.12 | 68.24 | 24.26 |
| 2018-06-30 | 196.62 | 12.64 | 66.69 | 24.82 |
| 2018-03-31 | 191.74 | -4.14 | 63.89 | 25.46 |
| 2017-12-31 | 184.36 | -7.63 | 62.63 | 25.34 |
| 2017-09-30 | 179.95 | -10.64 | 60.63 | 25.47 |
| 2017-06-30 | 173.36 | -15.00 | 57.48 | 24.66 |
| 2017-03-31 | 171.55 | -71.32 | 57.04 | 24.23 |
| 2016-12-31 | 168.23 | -73.93 | 55.70 | 24.34 |
| 2016-09-30 | 167.20 | -74.15 | 54.73 | 24.92 |
| 2016-06-30 | 169.77 | -75.79 | 57.76 | 26.72 |
| 2016-03-31 | 170.01 | -24.22 | 60.93 | 28.08 |
| 2015-12-31 | 170.91 | -23.95 | 63.51 | 28.02 |
| 2015-09-30 | 168.90 | -24.81 | 66.43 | 27.35 |
| 2015-06-30 | 165.87 | -22.12 | 66.51 | 25.44 |
| 2015-03-31 | 163.42 | -22.90 | 65.73 | 22.65 |
| 2014-12-31 | 162.26 | -24.86 | 64.82 | 20.97 |
| 2014-09-30 | 163.73 | -24.55 | 67.61 | 20.14 |
| 2014-06-30 | 167.37 | -30.38 | 70.05 | 20.05 |
| 2014-03-31 | 168.79 | -34.48 | 72.18 | 20.84 |
| 2013-12-31 | 173.43 | -34.98 | 73.38 | 22.00 |
| 2013-09-30 | 177.70 | -40.56 | 74.89 | 21.89 |
| 2013-06-30 | 180.05 | -30.27 | 76.08 | 21.42 |
| 2013-03-31 | 181.73 | -28.47 | 76.53 | 20.76 |
| 2012-12-31 | 180.24 | -30.04 | 79.54 | 20.18 |
| 2012-09-30 | 179.74 | -25.74 | 78.16 | 19.70 |
| 2012-06-30 | 177.09 | -31.53 | 74.98 | 19.10 |
| 2012-03-31 | 174.21 | -33.26 | 74.07 | 18.62 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Limelight Networks has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Limelight Networks used its assets more efficiently than the US IT industry average last year based on Return on Assets.
- Limelight Networks has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
Past performance checks
We assess Limelight Networks's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Limelight Networks has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
LLNW Health
How is Limelight Networks's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Limelight Networks's finances.
The net worth of a company is the difference between its assets and liabilities.
- Limelight Networks is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Limelight Networks's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Limelight Networks has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Limelight Networks Company Filings, last reported 3 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-09-30 | 167.06 | 0.00 | 52.64 |
| 2018-06-30 | 164.33 | 0.00 | 45.57 |
| 2018-03-31 | 144.25 | 0.00 | 43.70 |
| 2017-12-31 | 144.15 | 0.00 | 49.32 |
| 2017-09-30 | 141.88 | 0.00 | 57.69 |
| 2017-06-30 | 140.80 | 0.00 | 60.60 |
| 2017-03-31 | 137.95 | 0.00 | 60.83 |
| 2016-12-31 | 137.57 | 0.00 | 66.19 |
| 2016-09-30 | 138.38 | 0.00 | 74.40 |
| 2016-06-30 | 141.42 | 16.92 | 30.89 |
| 2016-03-31 | 195.75 | 15.96 | 24.14 |
| 2015-12-31 | 198.10 | 1.90 | 73.00 |
| 2015-09-30 | 198.34 | 0.00 | 69.58 |
| 2015-06-30 | 204.21 | 0.00 | 74.92 |
| 2015-03-31 | 206.59 | 0.00 | 80.94 |
| 2014-12-31 | 212.16 | 0.36 | 93.08 |
| 2014-09-30 | 219.78 | 0.41 | 101.26 |
| 2014-06-30 | 227.30 | 0.50 | 107.46 |
| 2014-03-31 | 231.83 | 0.66 | 112.37 |
| 2013-12-31 | 237.33 | 0.82 | 118.46 |
| 2013-09-30 | 239.98 | 1.00 | 112.27 |
| 2013-06-30 | 246.45 | 1.28 | 118.87 |
| 2013-03-31 | 255.93 | 1.70 | 120.20 |
| 2012-12-31 | 267.23 | 2.13 | 127.96 |
| 2012-09-30 | 282.51 | 2.55 | 129.96 |
| 2012-06-30 | 281.65 | 2.99 | 124.63 |
| 2012-03-31 | 302.17 | 3.44 | 136.65 |
- Limelight Networks has no debt.
- Limelight Networks has no debt compared to 5 years ago when it was 0.4%.
- Limelight Networks has no debt, it does not need to be covered by operating cash flow.
- Limelight Networks has no debt, therefore coverage of interest payments is not a concern.
Financial health checks
We assess Limelight Networks's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Limelight Networks has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
LLNW Dividends
What is Limelight Networks's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Limelight Networks
shares you are expected to receive
$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Limelight Networks's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Limelight Networks's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 6 Analyst Estimates (S&P Global) | See Below |
| United States of America IT Industry Average Dividend Yield | Market Cap Weighted Average of 33 Stocks | 1.6% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 1986 Stocks | 2.6% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.9% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.5% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2022-12-31 | ||
| 2021-12-31 | ||
| 2020-12-31 | ||
| 2019-12-31 | ||
| 2018-12-31 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Limelight Networks has not reported any payouts.
- Unable to verify if Limelight Networks's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Limelight Networks's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Limelight Networks afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Limelight Networks has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
LLNW Management
CEO
| COMPENSATION | $4,086,984 |
| AGE | 57 |
| TENURE AS CEO | 6.2 years |
CEO Bio
Mr. Robert A. Lento, also known as Bob, has been the Chief Executive Officer and President of Limelight Networks, Inc. since January 2013. Mr. Lento served as an Interim Chief Executive Officer of Limelight Networks, Inc. from November 26, 2012 to January 2013. Mr. Lento has over thirty years of industry knowledge and leadership experience. Prior to joining Limelight, he spent 14 years at Convergys, serving a decade as the senior sales executive. Mr. Lento served as President of Convergys Information Management Group Inc. He served as the President of Global Information Management at Convergys Corporation from January 2009 to May 16, 2012. He served as the President of Information Management at Convergys Corporation since August 1, 2007. Mr. Lento served as the President of Communications and Technology of Automotive Group from 2003 to 2007 and Senior Vice President of Global Information Management Sales from 2002 to 2003. Mr. Lento served as President of the LAN Systems Division of Donnelley Enterprise Solutions Inc. since January 1997 to 1998. From 1989 to 1996, he served as a Senior Vice President of Operations for Entex Information Services, Inc. ('Entex'), an integration services firm from January 1995 to 1997. Mr. Lento served as a Regional Director of Entex from 1992 to 1995. He served as a General Manager of Entex from 1990 to 1992. Mr. Lento bring over thirty years of leadership experience to Limelight, which we believe gives him unique insights into challenges, opportunities, and operations. He possesses leadership, managerial and technical skills relevant to leading Limelight, knowledge of Limelight’s leading customers, and knowledge of cloud services and SaaS companies generally, which skills and knowledge are directly relevant to strengthening the Board’s collective qualifications, skills, and experience. Mr. Lento was the Owner of Computer Professionals, Inc., which was acquired by Entex in 1990. He has been a Director of Limelight Networks, Inc. since January 2013. He holds a BS in Management from the State University of New York.
CEO Compensation
- Bob's compensation has increased in line with Limelight Networks recently becoming profitable.
- Bob's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the Limelight Networks management team in years:
- The tenure for the Limelight Networks management team is about average.
Management Team
Bob Lento
President
$4M
57
6.2 yrs
Sajid Malhotra
Senior VP & CFO
$2M
54
3.1 yrs
Mike DiSanto
Senior VP
$2M
45
3.8 yrs
Kurt Silverman
Senior Vice President of Development & Delivery
$1M
61
5.3 yrs
Nathan Raciborski
$1M
51
Dan Carney
Senior Vice President
3.1 yrs
Daniel Boncel
VP of Finance & Principal Accounting Officer
Veronica Bracker
Investor Relations
Nigel Burmeister
Vice President of Global Marketing
3.1 yrs
Tom Marth
Senior Vice President of Sales
Board of Directors Tenure
Average tenure and age of the Limelight Networks board of directors in years:
- The tenure for the Limelight Networks board of directors is about average.
Board of Directors
Walter Amaral
Non-Executive Chairman of the Board
$197K
66
5.9 yrs
Bob Lento
President
$4M
57
6 yrs
David Peterschmidt
Director
$165K
70
11.9 yrs
Jeff Fisher
Director
$157K
55
10.2 yrs
Doug Bewsher
Director
$198K
49
1.9 yrs
Scott Genereux
Director
$199K
55
1.9 yrs
Marc DeBevoise
Director
0.2 yrs
Patricia Hadden
Director
0.2 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 06. Sep 18 | Sell | George Vonderhaar | Individual | 04. Sep 18 | 04. Sep 18 | -5,000 | $5.00 | $-25,000 | ||
| 01. May 18 | Sell | Daniel Boncel | Individual | 27. Apr 18 | 27. Apr 18 | -100,000 | $5.14 | $-514,000 | ||
| 27. Apr 18 | Sell | Sajid Malhotra | Individual | 26. Apr 18 | 26. Apr 18 | -151,305 | $5.22 | $-789,812 | ||
| 08. Mar 18 | Sell | Goldman Sachs Group, Investment Banking and Securities Investments | Company | 06. Mar 18 | 06. Mar 18 | -15,272,493 | $3.80 | $-58,035,473 | ||
Management checks
We assess Limelight Networks's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Limelight Networks has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
LLNW News
Simply Wall St News
How Limelight Networks, Inc. (NASDAQ:LLNW) Could Add Value To Your Portfolio
(NASDAQ:LLNW) is a stock with outstanding fundamental characteristics. … When we build an investment case, we need to look at the stock with a holistic perspective. … In the case of LLNW, it
Simply Wall St - – Full articleHow Financially Strong Is Limelight Networks, Inc. (NASDAQ:LLNW)?
(NASDAQ:LLNW), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … However, the trade-off is LLNW will have to follow strict debt obligations which will reduce its financial flexibility. … Is financial flexibility worth the lower cost of capital.
Simply Wall St - – Full articleCould Limelight Networks, Inc.'s (NASDAQ:LLNW) Investor Composition Influence The Stock Price?
If you want to know who really controls Limelight Networks, Inc. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Companies that have been privatized tend to have low insider ownership.
Simply Wall St - – Full articleIs Limelight Networks Inc's (NASDAQ:LLNW) 8.5% Worse Than Average?
Limelight Networks has a ROE of 8.5%, based on the last twelve months. … That means that for every $1 worth of shareholders' equity, it generated $0.085 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleDoes Limelight Networks Inc's (NASDAQ:LLNW) Stock Price Account For Its Growth?
Limelight Networks Inc (NASDAQ:LLNW) is a stock well-positioned for future growth, but many investors are wondering whether its last closing price of $3.53 is based on unrealistic expectations. … Let’s look into this by assessing LLNW's expected growth over the next few years. … One reason why investors are attracted to LLNW is the high growth potential in the near future
Simply Wall St - – Full articleInvestors Are Undervaluing Limelight Networks Inc (NASDAQ:LLNW) By 36.04%
In this article I am going to calculate the intrinsic value of Limelight Networks Inc (NASDAQ:LLNW). … by estimating the company's future cash flows and discounting them to their present value. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model
Simply Wall St - – Full articleWhy I Like Limelight Networks Inc (NASDAQ:LLNW)
Building up an investment case requires looking at a stock holistically. … Today I've chosen to put the spotlight on Limelight Networks Inc (NASDAQ:LLNW) due to its excellent fundamentals in more than one area.
Simply Wall St - – Full articleWhat Are Analysts Saying About Limelight Networks Inc's (NASDAQ:LLNW) Future?
Based on Limelight Networks Inc's (NASDAQ:LLNW) earnings update in June 2018,. … as a 16.77% increase in profits is expected in the upcoming year, … the past 5-year average growth rate of 2.93%
Simply Wall St - – Full articleHave Investors Priced In Limelight Networks Inc's (NASDAQ:LLNW) Growth?
Limelight Networks Inc (NASDAQ:LLNW) is a stock well-positioned for future growth, but many investors are wondering whether its last closing price of $5.15 is based on unrealistic expectations. … See our latest analysis for Limelight Networks? … The excitement around Limelight Networks's growth potential is not unfounded
Simply Wall St - – Full articleCalculating The Fair Value Of Limelight Networks Inc (NASDAQ:LLNW)
by projecting its future cash flows and then discounting them to today's value. … Discounted Cash Flows (DCF). … If you are reading this and its not June 2018 then I highly recommend you check out the latest calculation for Limelight Networks by following the link below.
Simply Wall St - – Full articleLLNW Company Info
Map
Description
Limelight Networks, Inc. provides content delivery and related services and solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers services and solutions for businesses to deliver their digital content across Internet, mobile, and social channels. It provides Orchestrate Platform, a suite of integrated services comprising content delivery, video content management, Website and Web application acceleration, Website and content security, and cloud storage services. The company also offers professional services and other infrastructure services, such as transit and rack space services. It serves media companies operating in the television, music, radio, newspaper, magazine, movie, game, software, and social media industries, as well as enterprises, technology companies, and government entities conducting business online. Limelight Networks, Inc. was founded in 2001 and is headquartered in Tempe, Arizona.
Details
| Name: | Limelight Networks, Inc. |
| LLNW | |
| Exchange: | NasdaqGS |
| Founded: | 2001 |
| $311,307,876 | |
| 113,202,864 | |
| Website: | http://www.limelight.com |
| Address: |
Limelight Networks, Inc. 222 South Mill Avenue, 8th Floor, Tempe, Arizona, 85281, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NasdaqGS | LLNW | Common Stock | Nasdaq Global Select | US | USD | 08. Jun 2007 | |
| DB | LNK | Common Stock | Deutsche Boerse AG | DE | EUR | 08. Jun 2007 | |
| LSE | 0JUZ | Common Stock | London Stock Exchange | GB | USD | 08. Jun 2007 |
Number of employees
Current staff
Industry
| Internet Services and Infrastructure | |
| Software |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/01/23 23:59 |
| End of day share price update: | 2019/01/23 00:00 |
| Last estimates confirmation: | 2018/12/20 |
| Last earnings filing: | 2018/10/19 |
| Last earnings reported: | 2018/09/30 |
| Last annual earnings reported: | 2017/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
