Street Earnings

Analyst Activity: Limelight Networks, Inc. (NASDAQ:LLNW)

The shares of Limelight Networks, Inc. (NASDAQ:LLNW) currently has mean rating of 2.33 while 1 analysts have recommended the shares as “BUY”, 3 recommended as “OUTPERFORM” and 1 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Jun-16 is 43.84 million by 6 analysts. The means estimate of sales for the year ending Dec-16 is 182.08 million by 6 analysts.

The mean price target for the shares of Limelight Networks, Inc. (NASDAQ:LLNW) is at 2.99 while the highest price target suggested by the analysts is 3.75 and low price target is 1.50. The mean price target is calculated keeping in view the consensus of 5 brokerage firms.

The average estimate of EPS for the current fiscal quarter for Limelight Networks, Inc. (NASDAQ:LLNW) stands at -0.01 while the EPS for the current year is fixed at -0.01 by 6 analysts.

The next one year’s EPS estimate is set at 0.05 by 6 analysts while a year ago the analysts suggested the company’s EPS at -0.01. The analysts also projected the company’s long-term growth at 2.00% for the upcoming five years.

In its latest quarter ended on 31st March 2016, Limelight Networks, Inc. (NASDAQ:LLNW) reported earnings of -$0.01. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

On June 23, 2016 Limelight Networks, Inc. (LLNW) will report financial results for the second quarter 2016 on Wednesday, July 27, 2016 at 4:00 p.m. EDT (1:00 p.m. PDT).

Management will host a quarterly conference call for investors at 4:30 p.m. EDT (1:30 p.m. PDT). Investors can access this call toll-free at (877) 388-8480 within the United States or +1 (678) 809-1592 outside of the United States.

The conference call will also be audiocast live from www.limelight.com and a replay will be available following the call from the Company’s website.

About Limelight

Limelight Networks (LLNW), a global leader in digital content delivery, empowers customers to better engage online audiences by enabling them to securely manage and globally deliver digital content, on any device. The company’s award winning Limelight Orchestrate™ platform includes an integrated suite of content delivery technology and services that helps organizations secure digital content, deliver exceptional multi-screen experiences, improve brand awareness, drive revenue, and enhance customer relationships — all while reducing costs. For more information, please visit www.limelight.com, read our blog, follow us on Twitter, Facebook and LinkedIn and be sure to visit Limelight Connect.

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