Limelight Networks Q1 Adj. EPS $(0.04), Inline, Sales $58.00M Beat $56.30M Estimate
Limelight Networks (NASDAQ:LLNW) reported quarterly losses of $(0.04) per share which met the analyst consensus estimate. This is a 55.56 percent increase over losses of $(0.09) per share from the same period last year.
12 Information Technology Stocks Moving In Thursday’s After-Market Session
Gainers
A10 Networks (NYSE:ATEN) shares moved upwards by 9.8% to $14.5 during Thursday's after-market session. The market value of their outstanding shares is at $1.1 billion.
11 Information Technology Stocks Moving In Tuesday’s After-Market Session
Gainers
Comtech Telecom (NASDAQ:CMTL) shares moved upwards by 5.0% to $14.83 during Tuesday's after-market session. The market value of their outstanding shares is at $393.2 million.
Limelight Networks Shares Pop As It Agrees To Snap Apollo, Verizon Owned Edgecast
Limelight Networks Inc (NASDAQ: LLNW) agreed to acquire Yahoo's Edgecast, Inc, a leading provider of edge security, content delivery, and video services, in an all-stock transaction.
The transaction values Edgecast at ~$300 million, or about 1x 2021 revenue.
Why LimeLight Networks Shares Are Rising
Limelight Networks, Inc. (NASDAQ: LLNW) shares are trading higher by 9% at $4.10 after the company announced it has entered into a definitive agreement to acquire Yahoo's Edgecast.
Limelight Sets New Online Traffic Delivery Record In January
Limelight Networks, Inc. (NASDAQ:LLNW), a leading provider of content delivery and AppOps at the edge, today announced that January 2022 was its highest traffic month ever, breaking its previous record set in