|Bid||2.9900 x 2900|
|Ask||3.0000 x 4000|
|Day's Range||2.9850 - 3.0200|
|52 Week Range||2.2100 - 5.5200|
|Beta (3Y Monthly)||2.44|
|PE Ratio (TTM)||37.31|
|Earnings Date||Apr 17, 2019 - Apr 22, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||5.20|
The network provider has inked a lease for 38,000 square feet at a new office building under construction.
Limelight Networks, Inc. (LLNW) (Limelight), a leading provider of edge cloud services, today announced the Compensation Committee of the Board of Directors of Limelight Networks, Inc. approved a stock for salary program, wherein Messrs. Robert Lento, Sajid Malhotra and Michael DiSanto elect to receive payment of half of their respective 2019 base salary in shares of Limelight’s common stock beginning on February 1, 2019.
[Editor's note: This story was previously published in November 2018. It has since been updated and republished.] Penny stocks are often dangerous for individual investors. Generally described as stocks with a price under $5, the group usually consists of quite a few fallen angels and growth stocks that haven't reached, and may never reach, their potential. But there are diamonds in the rough. During the financial crisis, several stocks hit penny stock status. Pier 1 Imports (NYSE:PIR) went from 13 cents to over $20 before a long decline the past few years. Dollar Thrifty Automotive bottomed at 60 cents, and sold itself in 2013 to Hertz (NYSE:HTZ) for $87.50 a share. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 High-Yield Monthly Dividend Stocks Those diamonds are more difficult to find in a market near all-time highs, but they're still out there. Here are seven penny stocks that could provide solid returns for investors going forward. Source: Philadelphia 76ers Via Flickr ### Chesapeake Energy (CHK) I've had an on-again, off-again attraction to Chesapeake Energy (NYSE:CHK) over the past couple of years. Chesapeake is still trying to recover from the oil and gas bust that left it with nearly $10 billion in debt and much lower revenues. Progress has been choppy, both for the business and the stock. CHK stock is now trading at $2.77, down nearly 18% over the past year. Investors need to understand the risks here. The debt is a concern, particularly if oil and/or gas prices start falling again. Earnings reports have picked up recently, with CHK beating or meeting earnings consensus in the past nine quarters. With Chesapeake Energy's earnings incoming at the end of February, there are big potential rewards here. Further, a continuation of oil's move higher in should disproportionately benefit CHK relative to a major like Exxon Mobil (NYSE:XOM). In short, CHK now looks like a classic penny stock with high risk and high reward, even if long-term shareholders certainly would prefer that it wasn't. Source: Shutterstock ### Castle Brands (ROX) To be honest, I'm not completely sold on Castle Brands (NYSEAMERICAN:ROX) at its current price of 86 cents. And with ROX stock down 24% over the past year, it certainly seems like the market has determined the stock was trading at a premium to fair value. That said, there's still some good news here, and it's still an interesting play on U.S. spirits. Castle's Gosling brand creates both dark rum and ginger beer, which make the increasingly popular "Dark 'N' Stormy" drink. The Jefferson bourbon brand continues to grow nicely, with Castle's whiskey portfolio (which includes smaller Irish offerings) growing revenue 20% in fiscal 2018. * 10 Super Bowl Deals to Upgrade Your Big Game Experience Profits still are slim, but margins are increasing as revenue continues to grow. Management is well-incentivized to continue that growth. And the clear end game here is a sale to a larger spirits company like Diageo (NYSE:DEO) or Constellation Brands (NYSE:STZ, NYSE:STZ.B). If ROX stays on its current trend, it should be able to eventually jumpstart a rally. Source: M01229 via Flickr ### Sportsman's Warehouse (SPWH) Sportsman's Warehouse (NASDAQ:SPWH) only barely makes this list since its current price of $5.08 is just above the $5 penny stock cutoff limit. But SPWH does look like a nice value here. Investors were concerned about weaker firearm sales after the election of Donald Trump. (Perhaps counterintuitively, firearm sales rise under Democratic presidents and fall under Republican administrations.) A reasonably leveraged balance sheet offered another worry. But SPWH lapped the impact of the election, as shown by its 3.4% same-store sales growth in its first quarter after the election. A debt refinancing lowers interest costs. And yet, SPWH trades at just 7.5X next year's consensus EPS. There's a lot to like here, particularly for investors bullish on brick-and-mortar retailers. If those investors like low-handle stocks, all the better. Source: Shutterstock ### Limelight Networks (LLNW) Limelight Networks (NASDAQ:LLNW) has executed a nice turnaround of late -- and LLNW stock has responded in kind. The internet content delivery provider is a small fish compared to industry leader Akamai Technologies (NASDAQ:AKAM) -- but it's making progress. Revenue is expected to rise 6% this year and 11% the next, with earnings growing at a long-term rate of 15%. LLNW looks rather expensive on a P/E basis, but margins are thin and EV/EBITDA multiples are favorable. With a recent pullback to $3.06, a continuation of the recent trend should drive upside in the stock. * 7 S&P 500 Stocks to Buy That Tore Up Earnings With Akamai rebounding amid easing of some industry-wide concerns -- notably customers like Netflix (NASDAQ:NFLX) and Facebook (NASDAQ:FB) choosing DIY options -- Limelight is positioned to keep double-digit revenue growth intact. That will boost margins and profits -- and likely get LLNW out of the penny stock category altogether. ### Plug Power (PLUG) Clean energy historically has been a graveyard for investor capital, and hydrogen vehicle developer Plug Power (NASDAQ:PLUG) hasn't been any different. The stock trades well below peaks from last decade, and is down about three-quarters from early 2014 levels as well. So PLUG's bull case is a classic "this time is different" argument -- which is always tenuous. But there is some good news here. Plug Power has signed deals with Walmart (NYSE:WMT) in 2014 and with Amazon.com (NASDAQ:AMZN) in 2017. What's more, it joined forces with FedEx (NYSE:FDX) in May 2017. The company remains unprofitable, but cash burn is slowing, and the company is guiding for profits in the second half (albeit with a ton of adjustments; GAAP earnings remain a long way off). Revenue is growing quickly, with gross revenue growth of nearly 40% expected this year. PLUG has pivoted toward industrial applications -- and there is some promise there. Investors in PLUG will have to be patient, have to tolerate volatility and have to accept risk. But if Plug Power finally can gain some traction, the current share price around $1.33 could move much higher. Source: Shutterstock ### DHX Media (DHXM) DHX Media (NASDAQ:DHXM) has had an ugly one-year period as a stock, down 51%. Debt continues to be a problem for DHX Media, with a debt-equity ratio of 108%! $550 million in long-term debt as of the most recent quarter doesn't help … but at $1.99, with a market cap around $270 million, there is some reason for optimism. First, DHX added the Peanuts intellectual property to its portfolio in a deal with Iconix Brand Group (NASDAQ:ICON). That adds to the existing portfolio of Teletubbies, Inspector Gadget, Yo Gabba Gabba! and YouTube content provider WildBrain. DHX then sold 39% of Peanuts to Sony (NYSE:SNE), allowing it to reduce debt while bringing a high-quality partner on board. A strategic review continues, as DHX looks to to further drive cost savings and reduce debt. And in a cord-cutting world where content may become increasingly valuable, the company should have some options. * 7 of the Best Stocks to Buy for a Dovish Federal Reserve This is a high-risk play, as the long decline in its chart shows. ICON has dropped over 99% in the past five years due to too much debt and too weak a portfolio. But DHX should be able to avoid that fate -- and potentially drive nice gains in DHXM stock. Source: Karangahake Gorge Tunnel (New Zealand) via Flickr (Modified) ### Denison Mines (DNN) I'm not a fan of mining stocks, as I've written in the past. But if investors want to take a stab at the sector, then small, developing miners traditionally offer the best chances for big gains. And Denison Mines (NYSEAMERICAN:DNN) fits that bill. Denison's properties are located in the Athabasca Basin, in northern Canada (Alberta and Saskatchewan). It's targeting uranium resources at its properties -- and uranium prices are starting to tick up. The closure of a mine by giant Cameco Corp (NYSE:CCJ) presents a near-term catalyst to those prices -- and the discounted fair value of Denison's mines. Obviously, there is a ton of risk here. Denison is unprofitable, and likely will need to raise more capital down the line. But DNN actually could provide what mining stocks are supposed to: leverage to the price of uranium. With fundamentals perhaps supporting some upside in the metal, DNN could follow. As of this writing, Vince Martin has no positions in any securities mentioned. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 of the Best Stocks to Buy for a Dovish Federal Reserve * 5 Best Fidelity ETFs for Retirement Savers * 7 Blue-Chip Stocks That Could Lead the Market Higher Compare Brokers The post The 7 Best Penny Stocks to Buy appeared first on InvestorPlace.
The Tempe, Arizona-based company said it had a loss of 5 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were less than 1 cent on a per-share basis. The average estimate ...
TEMPE, Ariz.-- -- Q4 Revenue of $44.0 million Q4 GAAP EPS of $ and Non-GAAP EPS of break-even Full year 2018 revenue of $195.7 million Full year 2018 GAAP EPS of $0.09 and Non-GAAP EPS of $0.12 Cash and marketable securities of $50.5 million Limelight Networks, Inc. , a leading provider of edge cloud services, today reported revenue of $44.0 million for the fourth quarter of 2018, down 9 percent, compared ...
I've been keeping an eye on Limelight Networks, Inc. (NASDAQ:LLNW) because I'm attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe Read More...
Limelight Networks (LLNW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NEW YORK, Jan. 03, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Limelight Networks, Inc. will report financial results for the fourth quarter and full year of 2018 on Wednesday, January 30, 2019 at 4:00 p.m. EST .
You probably know from experience that there is not as much information on small-cap companies as there is on large companies. Of course, this makes it really hard and difficult for individual investors to make proper and accurate analysis of certain small-cap companies. However, well-known and successful hedge fund investors like Carl Icahn and George […]
Investors need to pay close attention to Limelight Networks (LLNW) stock based on the movements in the options market lately.
Limelight Networks, Inc. , a leading provider of edge cloud services, today updated its financial expectations for the full year 2018 and also issued guidance 2019.
Limelight Networks (LLNW), a leading provider of edge cloud services, today announced that Faurecia is using its private global network and technology to quickly deliver dynamic content around the world. Founded in 1997, Faurecia, a French company, has grown to become a major player in the global automotive industry. With 290 sites including 30 R&D centers and 109,000 employees in 35 countries, Faurecia is a global leader in its three areas of business: automotive seating, interior systems and clean mobility.
Limelight Networks Inc, (LLNW), a leading provider of edge cloud services, today announced the appointment of Tom Marth as Senior Vice President of Sales reporting to Limelight’s CEO, Bob Lento. “Limelight presents an exciting opportunity and I am truly thrilled to be a part of this team,” said Tom Marth. “I am excited to welcome Tom Marth to Limelight and look forward to his energy and commitment to make Limelight even stronger in 2019 and beyond,” said Bob Lento.
In 2012 Bob Lento was appointed CEO of Limelight Networks Inc (NASDAQ:LLNW). First, this article will compare CEO compensation with compensation at similar sized companies. Next, we’ll consider growth that Read More...
Limelight Networks, Inc. (Nasdaq: LLNW), a leading provider of edge cloud services, today announced that Patricia Hadden, Senior Vice President of Audience Development and Partnerships of NBCUniversal Digital Enterprises, and Marc DeBevoise, President and Chief Operating Officer of CBS Interactive, have joined its Board of Directors. “We’re excited to have Patricia and Marc join the Limelight board of directors, bringing with them a wealth of experience in the media industry,” said Bob Lento, CEO of Limelight Networks.
As Limelight Networks Inc (NASDAQ:LLNW) announced its recent earnings release on 30 September 2018, it seems that analyst forecasts are fairly pessimistic, as a -13% fall in profits is expected Read More...
Limelight Networks, Inc. , a leading provider of edge cloud services, is helping e-learning company Toppr provide students with best-in-class video delivery performance and high availability of Toppr’s library of more than 8,000 educational videos.