Limelight Networks Earnings Preview: Get Ahead of the Analysts
Limelight Networks (NASDAQ:LLNW) will report earnings after markets close on Thursday, May 9th. Limelight Networks Inc is a content delivery network for internet distribution of video, music, games and downloads. The Company’s advanced content delivery network provides the world’s top media companies high performance delivery of digital media and software via the Internet.
Here is your Cheat Sheet to Limelight Networks Earnings:
Earnings Expectations: Analysts expect earnings of $-0.05 per share on revenues of $45.75 million.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a loss of $0.03 to a loss $0.05. For the current year, the average estimate is a loss of $0.18, which is worse than the estimate ninety days ago.
Here’s how Limelight Networks has been performing on an annual basis:
|Revenue ($) in millions||129.53||131.66||154.22||171.29||180.24|
|Diluted EPS ($)||-0.76||0.40||-0.22||-0.23||-0.32|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||45.98||44.32||44.45||45.00||46.47|
|Diluted EPS ($)||-0.0617||-0.10||-0.10||-0.01||-0.1239|
Limelight Networks has beat analyst estimates time in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)