Limelight Networks upgraded by Raymond James with a new price target
$LLNW
Raymond James upgraded Limelight Networks from Mkt Perform to Strong Buy and set a new price target of $5.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/17/2022 | $4.00 → $6.00 | Market Perform → Outperform | Cowen |
| 3/11/2022 | $5.00 → $8.00 | Strong Buy | Raymond James |
| 3/8/2022 | $5.00 → $6.50 | Market Perform → Outperform | Northland Capital |
| 1/18/2022 | $3.00 → $7.00 | Hold → Buy | Truist Securities |
| 12/20/2021 | $5.00 | Mkt Perform → Strong Buy | Raymond James |
| 12/20/2021 | Market Perform → Strong Buy | Raymond James | |
| 10/15/2021 | $3.50 → $4.00 | Hold → Buy | Craig-Hallum |
| 8/10/2021 | Mkt Perform | Raymond James |
Limelight Networks, Inc. (NASDAQ:LLNW), a leading provider of content delivery services and AppOps at the edge, today announced participation at the following investor conferences in June 2022: 19th Annual Craig-Hallum Institutional Investor Conference on Wednesday, June 1, 2022 (Virtual). Management will participate in one-on-one/small group meetings followed by a fireside chat at 3:35 p.m. ET Jefferies Software Conference in San Francisco on Wednesday, June 1, 2022. Management will participate in one-on-one/small group meetings followed by a presentation at 4.05 p.m. PT Cowen's 50th Annual Technology, Media & Telecom Conference in New York on Thursday, June 2, 2022. Management will
Limelight Networks, Inc. (NASDAQ:LLNW) (Limelight), a leading provider of content delivery services and AppOps at the edge, today reported financial results for the first quarter ended March 31, 2022. Delivering on several key milestones in its 2022 strategic plan, the company reported significant revenue, gross margin, and adjusted EBITDA growth year over year. "First quarter 2022 results were ahead of plan as we continue building on the momentum established in the second half of 2021. Revenue for the first quarter came in at $58.0 million, up 13% year over year. Gross Margin was 30.7%, up 630 basis points year over year and Adjusted EBITDA was $2 million versus a loss of $3.3 million in
Limelight Networks, Inc. (NASDAQ:LLNW), a leading provider of content delivery services and AppOps at the edge, will report financial results for the first quarter 2022 on Thursday, April 28, 2022, at 7:30 a.m. EDT (4:30 a.m. PDT). Management will host its earnings conference call for investors at 8:00 a.m. EDT (5:00 a.m. PDT). Interested parties can access the call by dialing 844-200-6205 from the United States or 929-526-1599 internationally, with access code 088169. A recording will be available until Thursday, May 12, 2022, by dialing 866-813-9403 from the United States or 929-458-6194 internationally with access code 124416. The conference call will also be audio cast live from http:
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Limelight Networks, Inc. (NASDAQ:LLNW) (Limelight), a leading provider of content delivery services and AppOps at the edge, today reported financial results for the first quarter ended March 31, 2022. Delivering on several key milestones in its 2022 strategic plan, the company reported significant revenue, gross margin, and adjusted EBITDA growth year over year. "First quarter 2022 results were ahead of plan as we continue building on the momentum established in the second half of 2021. Revenue for the first quarter came in at $58.0 million, up 13% year over year. Gross Margin was 30.7%, up 630 basis points year over year and Adjusted EBITDA was $2 million versus a loss of $3.3 million in
Limelight Networks, Inc. (NASDAQ:LLNW), a leading provider of content delivery services and AppOps at the edge, will report financial results for the first quarter 2022 on Thursday, April 28, 2022, at 7:30 a.m. EDT (4:30 a.m. PDT). Management will host its earnings conference call for investors at 8:00 a.m. EDT (5:00 a.m. PDT). Interested parties can access the call by dialing 844-200-6205 from the United States or 929-526-1599 internationally, with access code 088169. A recording will be available until Thursday, May 12, 2022, by dialing 866-813-9403 from the United States or 929-458-6194 internationally with access code 124416. The conference call will also be audio cast live from http:
SCOTTSDALE, Ariz. and NEW YORK, March 7, 2022 /PRNewswire/ -- Limelight Networks, Inc. (NASDAQ:LLNW) ("Limelight"), a leading provider of edge enabled web applications and content delivery solutions, today announced that it has entered into a definitive agreement to acquire Yahoo's Edgecast, Inc. ("Edgecast"), a leading provider of edge security, content delivery and video services, in an all-stock transaction. The transaction values Edgecast at approximately $300 million, or about 1x 2021 revenue. Edgecast is a business unit of Yahoo, which is owned by funds managed by affiliates of Apollo (NYSE:APO) (the "Apollo Funds") and Verizon Communications (NYSE:VZ). Yahoo will receive approximately
Cowen upgraded Limelight Networks from Market Perform to Outperform and set a new price target of $6.00 from $4.00 previously
Raymond James reiterated coverage of Limelight Networks with a rating of Strong Buy and set a new price target of $8.00 from $5.00 previously
Northland Capital upgraded Limelight Networks from Market Perform to Outperform and set a new price target of $6.50 from $5.00 previously
SCOTTSDALE, Ariz., July 26, 2021 /PRNewswire/ -- Limelight Networks, Inc. (NASDAQ:LLNW), a leading provider of video delivery and edge cloud access services, today announced the appointment of Eric Armstrong as Senior Vice President of Growth. He will lead worldwide sales, new business development and growth marketing, and report to Limelight CEO Bob Lyons. "It's an ideal time for Eric to join Limelight as we continue to build on momentum from performance gains, key client winbacks and strong growth in some of our new business segments. Eric has a proven track record of build
SCOTTSDALE, Ariz., March 31, 2021 /PRNewswire/ -- Limelight Networks, Inc. (NASDAQ: LLNW), a leading provider of video delivery and edge cloud access services, today announced the appointment of Dave Peterschmidt as non-executive chairman. This change is another important step that builds on the recent management changes to position the company for growth, profitability and building shareholder value. Walt Amaral will remain on the company's board of directors. "Dave has been a strong partner and brings a broad range of operational and transformational experience in technology coupled with deep understanding of our business and industry. Transforming this company requires close alignment a
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Limelight Network, Inc. (Nasdaq: LLNW) and its Board of Directors announced today that Bob Lyons, previously CEO at Alert Logic, has been named President and CEO and will join the company and the board of directors effective February 1, 2021. Bob Lento, President, CEO and Director since 2012, is retiring. Lyons is a proven technology executive with an extraordinary track record of successfully scaling businesses and creating enterprise value through strategic revitalization, improved profitability, and revenue growth. At Alert Logic, he led the company through a multi-year strategic reposition that resulted in becoming a global leader in cybers
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