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Limelight Networks

Nasdaq:LLNW
Snowflake Description

Flawless balance sheet and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LLNW
Nasdaq
$311M
Market Cap
  1. Home
  2. US
  3. Software
Company 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 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
0%
NasdaqGS:LLNW
1.2%
US IT
0.7%
US Market
1 Year Returns
-35%
NasdaqGS:LLNW
3.4%
US IT
-8.1%
US Market
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.
Price Volatility
LLNW
Industry
5yr Volatility vs Market

LLNW Value

 Is Limelight Networks undervalued based on future cash flows and its price relative to the stock market?

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.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Limelight Networks.

NasdaqGS:LLNW Discounted Cash Flow Data Sources
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.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:LLNW
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.

NasdaqGS:LLNW DCF 1st Stage: Next 5 year cash flow forecast
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
NasdaqGS:LLNW DCF 2nd Stage: Terminal Value
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
NasdaqGS:LLNW Total Equity Value
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
NasdaqGS:LLNW Discount to Share Price
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
Amount off the current price Limelight Networks is available for.
Intrinsic value
35%
Share price is $2.77 vs Future cash flow value of $4.25
Current Discount Checks
For Limelight Networks to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • 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?
Raw Data
NasdaqGS:LLNW PE (Price to Earnings) Ratio Data Sources
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.

NasdaqGS:LLNW PE (Price to Earnings) Ratio Calculation
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?
Raw Data
NasdaqGS:LLNW PEG (Price to Earnings to Growth) Ratio Data Sources
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 .

NasdaqGS:LLNW PEG (Price to Earnings to Growth) Ratio Calculation
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?
Raw Data
NasdaqGS:LLNW PB (Price to Book) Ratio Data Sources
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
NasdaqGS:LLNW PB (Price to Book) Ratio Calculation
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.
X
Value checks
We assess Limelight Networks's value by looking at:
  1. 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. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. 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

 How is Limelight Networks expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

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!
Annual Growth Rate
22.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Limelight Networks expected to grow at an attractive rate?
  • 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
Raw Data
NasdaqGS:LLNW Future Growth Rates Data Sources
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
Raw Data
NasdaqGS:LLNW Analysts Growth Expectations Data Sources
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 numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:LLNW Future Estimates Data
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
NasdaqGS:LLNW Past Financials Data
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.

Super high growth metrics
High Growth Checks
  • Limelight Networks's earnings are expected to grow significantly at over 20% yearly.
  • Limelight Networks's revenue is expected to grow by 9.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:LLNW 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.

NasdaqGS:LLNW Future Estimates Data
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
NasdaqGS:LLNW Past Financials Data
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.
X
Future performance checks
We assess Limelight Networks's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
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
Below we compare Limelight Networks's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • 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
Limelight Networks's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Limelight Networks Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:LLNW Past Revenue, Cash Flow and Net Income Data
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).
X
Past performance checks
We assess Limelight Networks's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
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.
Net Worth
  • 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
This treemap shows a more detailed breakdown of Limelight Networks's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • 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.
Raw Data

All data from Limelight Networks Company Filings, last reported 3 months ago.

NasdaqGS:LLNW Past Debt and Equity Data
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.
X
Financial health checks
We assess Limelight Networks's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Limelight Networks has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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
Dividend payments
0%
Current annual income from Limelight Networks dividends.
If you bought $2,000 of Limelight Networks shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • 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.
Raw Data
NasdaqGS:LLNW Annualized Past and Future Dividends
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.

NasdaqGS:LLNW Future Dividends Estimate Data
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.
Current Payout to shareholders
What portion of Limelight Networks's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Limelight Networks has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Limelight Networks's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. 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)
  7. 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

 What is the CEO of Limelight Networks's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Bob Lento
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:

3.4
Average Tenure
54
Average Age
  • The tenure for the Limelight Networks management team is about average.
Management Team

Bob Lento

TITLE
President
COMPENSATION
$4M
AGE
57
TENURE
6.2 yrs

Sajid Malhotra

TITLE
Senior VP & CFO
COMPENSATION
$2M
AGE
54
TENURE
3.1 yrs

Mike DiSanto

TITLE
Senior VP
COMPENSATION
$2M
AGE
45
TENURE
3.8 yrs

Kurt Silverman

TITLE
Senior Vice President of Development & Delivery
COMPENSATION
$1M
AGE
61
TENURE
5.3 yrs

Nathan Raciborski

TITLE
COMPENSATION
$1M
AGE
51

Dan Carney

TITLE
Senior Vice President
TENURE
3.1 yrs

Daniel Boncel

TITLE
VP of Finance & Principal Accounting Officer

Veronica Bracker

TITLE
Investor Relations

Nigel Burmeister

TITLE
Vice President of Global Marketing
TENURE
3.1 yrs

Tom Marth

TITLE
Senior Vice President of Sales
Board of Directors Tenure

Average tenure and age of the Limelight Networks board of directors in years:

3.9
Average Tenure
56
Average Age
  • The tenure for the Limelight Networks board of directors is about average.
Board of Directors

Walter Amaral

TITLE
Non-Executive Chairman of the Board
COMPENSATION
$197K
AGE
66
TENURE
5.9 yrs

Bob Lento

TITLE
President
COMPENSATION
$4M
AGE
57
TENURE
6 yrs

David Peterschmidt

TITLE
Director
COMPENSATION
$165K
AGE
70
TENURE
11.9 yrs

Jeff Fisher

TITLE
Director
COMPENSATION
$157K
AGE
55
TENURE
10.2 yrs

Doug Bewsher

TITLE
Director
COMPENSATION
$198K
AGE
49
TENURE
1.9 yrs

Scott Genereux

TITLE
Director
COMPENSATION
$199K
AGE
55
TENURE
1.9 yrs

Marc DeBevoise

TITLE
Director
TENURE
0.2 yrs

Patricia Hadden

TITLE
Director
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
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
X
Management checks
We assess Limelight Networks's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. 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 -

How 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 -

Could 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 -

Is 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 -

Does 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 -

Investors 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 -

Why 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 -

What 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 -

Have 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 -

Calculating 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 -

LLNW 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
Staff numbers
551
Limelight Networks employees.
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.