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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Limelight Networks has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
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)