Limelight Networks (NASDAQ:LLNW): Q4 EPS of $0.00 beats by $0.02
Revenue of $42.74M (+4.9% Y/Y) misses by $1.33M.
This could happen in a day or two.
I don't exactly remember exactly, but I looked it up and it says the spilt occurred at $1.20. Someone above says it spilt on Sept. 9 at $1.07.
and falling... Perhaps $1.37????
This could be the buying opportunity of the year! A stellar stock with great earning that beat the street... year over year growth is phenomenal... raised expectations for the next quarter and it is being discounted like a stock that missed badly. Those selling here must need money for other things. STRONG BUY!
I'm not pumping and just giving you facts... You choose to not pay attention then don't come here bashing me. I'm basically the only one on this board and your not adding anything to the conversation. So, you go cover your shorts and I'll place your insults on ignore. Grow up. You might learn something.
Last time UWTI did a reverse split in 2015 the price was down btw $1.20 - $1.40 .... Looks like it will be announced again fairly soon if another drop like this tomorrow.
Sentiment: Strong Sell
Hey... you don't know this stock and I DO. Many good stocks are being sold off right now that has nothing to do with fundamentals. Right now the stock is where it was at when it was released as an IPO! They have beat expectation every quarter since then and also raised guidance. If you can buy at these low rates you would not be sorry. If your just a day trader GTH. If this wasn't a sell-off market then Paylocity would be at $60.
Why? Do you understand this company? How many companies do you know who surged by a 61.4% in recurring revenues and a 51.9% jump in implementation and other revenues on a year-over-year basis?
'The company’s gross margin increased 890 basis points (bps) year over year to 56.3%. According to the company, “strong revenue performance on higher-margin ACA product along with the benefits from the purchase of our last reseller in May of 2015” drove the margin expansion.
Paylocity exited the quarter with cash and cash equivalents of $79 million compared with $78.7 million in the previous quarter. Receivables were $1.5 million compared with $1.3 million in the prior quarter.
Paylocity has no long-term debt. The company generated $10.8 million of cash flow from operational activities.
Buoyed by the strong second-quarter results, Paylocity raised its fiscal 2016 outlook. The company now expects revenues in the range of $223 million to $225 million (previously $210 million to $214 million). The Zacks Consensus Estimate is pegged at $213 million."