Edgio (EGIO) Stock Price, News & Analysis

Company Overview

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. In addition, the company provides content delivery, video content management, and streaming services, performance services for website and web application and security; professional services, cloud storage, and edge computing services. The company was formerly known as Limelight Networks, Inc. and changed its name to Edgio, Inc. in June 2022. Edgio, Inc. was founded in 2001 and is headquartered in Phoenix, Arizona.

Key Stats

• Today's Range: N/A
• 50-Day Range: $0.75 to $11.24
• 52-Week Range: N/A
• Volume: 2.35 million shs
• Average Volume: 900,456 shs
• Market Capitalization: $6.47 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $10.00
• Consensus Rating: Hold

EGIO Stock Analysis - Frequently Asked Questions

How were Edgio's earnings last quarter?

Edgio, Inc. (NASDAQ:EGIO) posted its earnings results on Wednesday, November, 15th. The company reported ($2.80) earnings per share for the quarter, meeting the consensus estimate of ($2.80). The business had revenue of $97.04 million for the quarter, compared to analysts' expectations of $96.44 million.

When did Edgio's stock split?

Shares of Edgio reverse split on Friday, March 1st 2024. The 1-40 reverse split was announced on Friday, March 1st 2024. The number of shares owned by shareholders was adjusted after the closing bell on Friday, March 1st 2024. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

Who are Edgio's major shareholders?

Edgio's top institutional investors include Wolverine Trading LLC.
View institutional ownership trends.

What other stocks do shareholders of Edgio own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Edgio investors own include NVIDIA (NVDA), Arista Networks (ANET), Broadcom (AVGO), Meta Platforms (META), CrowdStrike (CRWD), Novo Nordisk A/S (NVO) and Palantir Technologies (PLTR).

Company Calendar

• Last Earnings: 11/15/2023
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Business services, not elsewhere classified
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:EGIO
• CUSIP: N/A
• CIK: 1391127
• Web: www.limelight.com
• Phone: (602) 850-5000
• Fax: 602-850-5001
• Employees: 550
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $10.00
• High Stock Price Target: $10.00
• Low Stock Price Target: $10.00
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $403.59 million
• Price / Sales: 0.00
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $43.20 per share
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 5,830,000
• Free Float: 5,678,000
• Market Cap: $6.47 million
• Optionable: Optionable
• Beta: 0.48