|Bid||3.0900 x 3200|
|Ask||3.1000 x 3100|
|Day's Range||2.8800 - 3.1200|
|52 Week Range||2.7600 - 8.1900|
|Beta (5Y Monthly)||0.51|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 19, 2021 - Jul 23, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.00|
Limelight Network (NASDAQ: LLNW) shareholders lost ground to a booming market last month. "Our first quarter was challenging from a top- and bottom-line perspective," incoming CEO Bob Lyons said in a press release. Demitri Kalogeropoulos has no position in any of the stocks mentioned.
The content delivery network (CDN) specialist Limelight Networks (NASDAQ: LLNW) posted disastrous first-quarter results. Despite the secular growth in its video streaming market, revenue declined because of pricing pressure and poor operational execution. Looking forward, new CEO Bob Lyons announced an ambitious goal that should provide significant upside for shareholders.
Each company recently posted disappointing quarterly earnings despite having vast, and growing, market opportunities.