Limelight Networks Inc (LLNW)

2.53 soon gap fill

2.53 gap to fill

Over $5 for the 2nd day in a row, sure hope the current momentum sticks for awhile. The recent Edgecast acquisition/merger is getting some praise in the analyst community. Essentially acquired at 1.0 times Edgecast annual revenue. Yahoo will hold 31% of the retitled company - Edgio. Think they could have come up with a better name though imo. The common share transaction tells me that Yahoo has faith in the direction/merits of the new company.

https://www.streetinsider.com/Corporate+News/Limelight+Networks+(LLNW)+Acquires+Yahoos+Edgecast+for+$300M+in+Stock/19734296.html

This is getting exciting, the new management team is already setting a promising pace.

Now at $4.87 or so. I'm surprised there's not more discussion going on here. Bob Lyons has certainly improved the outlook here. The guy has a clue.

My belief is the EdgeCast acquisition has greatly increased LLNW footprint into scalable edge computing which will result in immediate eps improvement even with the additional shares that will be issued.

https://www.streetinsider.com/Corporate+News/Limelight+Networks+(LLNW)+Acquires+Yahoos+Edgecast+for+$300M+in+Stock/19734296.html

per article: "The combination will create a globally scaled, edge enabled software solutions provider with pro forma 2021 revenue of more than $500 million across cloud security and web applications, content delivery and edge video platform."

Seems more like a merger to me: "Yahoo will receive approximately 72.2 million shares of Limelight common stock, subject to customary closing adjustments, and will own approximately 31.9% of the combined company at closing."

Now at $4.55 or so. I'm surprised there's not more discussion going on here. Bob Lyons has certainly improved the outlook here. The guy has a clue.

This stock has come a considerable way since breaking that $3.20 support back in December. Just want it to consolidate a bit here and somehow hold $4.00, don't want it to retest $3.80. Regardless, the management change seems to have worked, feel like there will continue to be progress in the near term. With the great tech stock earning reports tonight, maybe a bit can spill into the edge computing/infrastructure sector.

I'm replying to a prior post as I don't want anyone to think I just got on the bandwagon. This is at $4.19 as I write this, and in my prior post I stated it was at $2.80. So, a nice return since August, 2021. But this has legs and should be much higher. I continue to be long and strong with LLNW. Bob Lyons, the CEO is the real deal. The earlier that any investor realizes this and takes a strong financial stand, the more they will benefit in the long run.

Share Structure

Market Cap Market Cap
481,722,746
12/21/2021
Authorized Shares
Not Available
Outstanding Shares
133,811,874
10/29/2021
Restricted
Not Available
Unrestricted
Not Available
Held at DTC
Not Available
Float
Not Available
Par Value
No Par Value

“2:00p ET 12/14/2021 - PR Newswire
Limelight Announces General Availability of GraphQL Caching and Serverless Hosting for Builders of Headless Websites

Limelight Networks, Inc. (Nasdaq: LLNW), a leading provider of content delivery services and AppOps at the edge, today announced general availability of GraphQL functionality for its Layer0 by Limelight web application CDN.

https://mma.prnewswire.com/media/1478949/Limelight_Networks_Logo.jpg

GraphQL is an important enabler of microservices-based (aka headless) websites, allowing web builders to make their API layer much faster and easier to manage. Layer0 has solved the key challenge of caching GraphQL APIs at the network edge, which is not supported by traditional web CDNs. In addition, the solution supports hosting the GraphQL server in a serverless environment. These new capabilities enhance Limelight's presence in the $4.4 billion web application CDN market, especially as web builders, not the operations team, are driving these purchase decisions.

The GraphQL query language improves on traditional REST APIs and has had tremendous growth and adoption among developers. Originally incubated at Facebook and later open sourced, GraphQL reduces the over-fetching of data, which can improve performance. It also enables teams to iterate their APIs faster without incurring versioning headaches by defining a flexible but strongly typed API between client and server. This has made GraphQL popular with developers, especially enterprise organizations using headless or API-first web architectures. In the annual state of JS survey1, GraphQL had the highest scores for awareness (98%), satisfaction (94%), and interest (87%) among developers than any other data layer solution.

Unfortunately, traditional CDNs and caching software have been built around REST APIs and are incompatible with GraphQL because they don't cache the more complex HTTP POST format. As a result, websites using traditional web CDNs experience poor performance because GraphQL queries cannot be parsed and cached by these CDNs.

Layer0 solves this problem by adding GraphQL parsing and support for the POST method to EdgeJS, a high-performance, JavaScript-based declarative language for edge logic. With EdgeJS, web builders can create powerful custom caching logic based on both the properties of their GraphQL queries and HTTP headers such as cookies and authentication. For example, a developer can cache information such as a product ID in an ecommerce API from a GraphQL response, as well as attributes such as language, currency, and personalization preferences that are embedded in the request headers. In addition, the same application can manage and submit runtime calls to the GraphQL server hosted in a serverless environment on Layer0, eliminating worries about infrastructure and scale.

"We're proud to leapfrog the industry by delivering native GraphQL support," said Ajay Kapur, Chief Technology Officer at Limelight. "Web builders ship up to twice as often because Layer0 makes edge compute and caching one small part of a more holistic 'application centric' workflow. Business teams love their Layer0-powered site because they load in literally the blink of an eye via predictive prefetching, the industry's fastest edge compute, and suite of RUM and observability tools."

Layer0 includes everything development and DevOps teams need to implement a headless or Jamstack architecture including hosting, serverless, observability, RUM and CI/CD integration. Teams can be flexible in how they leverage Layer0. They can use it to cache their GraphQL APIs, run their GraphQL server in a serverless environment, or host their entire headless application. Layer0 also has powerful routing options that enable teams to gradually migrate legacy applications to headless or API-first architectures.

The combination of GraphQL support and compatibility with traditional systems makes Layer0 ideal for large enterprises migrating to GraphQL with a mix of legacy and modern components.

About LimelightLimelight (NASDAQ: LLNW) is an industry leader in providing edge-enabled solutions to deliver fast, secure digital experiences on a global scale. We offer powerful tools that optimize, protect and deliver our clients' valuable digital assets in an increasingly competitive marketplace. From content delivery and AppOps to Jamstack application architecture and web security, we are uniquely positioned to leverage our global private network and client-obsessed experts to help our customers win. The world's largest brands trust Limelight and we invite you to learn more about us by visiting www.limelight.com, Twitter, Facebook and LinkedIn.

1 https://2020.stateofjs.com/en-US/technologies/datalayer/

https://c212.net/c/img/favicon.png?sn=NE07364&sd=2021-12-14

View original content to download multimedia:https://www.prnewswire.com/news-releases/limelight-announces-general-availability-of-graphql-caching-and-serverless-hosting-for-builders-of-headless-websites-301444553.html

SOURCE Limelight Networks”

The Red Queen is off with her head! Headless Websites Matrix 4 Re-enter

Boredoftv - Thanks for your posting. Sorry I'm a bit late seeing it. LLNW has done well in the 4 weeks subsequent to your post. I think LLNW's future looks much improved with Bob Lyons at the helm. I'm long and strong with LLNW.

Limelight Networks Stock Gains After Bullish Rating From Craig-Hallum
Mentioned: LLNW
Craig-Hallum analyst Jeff Van Rhee upgraded Limelight Networks Inc (NASDAQ: LLNW) to Buy from Hold with a price target of $4.00, up from $3.50, implying a 43% upside.
Van Rhee sees the current valuation and sentiment as reflecting near-peak or peak pessimism and finds recent numbers more credible than is implied in shares, Van Rhee notes.
Additionally, he believes that the base business has been stabilized and is increasingly convinced in the logic of the move to pivot into the AppOpps space.
Limelight Networks provides a content delivery network and value-added services that help content owners improve streaming quality, download speeds, and advertising capabilities.
In July, Limelight Networks reported Q2 revenue of $48.3 million, down 17% year-on-year, below the consensus of $52.1 million. EPS loss of $(0.06) missed consensus loss of $(0.03).
Limelight Networks sees Q3 revenue of $220 million - $230 million versus the consensus of $221.1 million. It sees Q3 EPS loss of $(0.15) - $(0.05) versus consensus loss of $(0.10)
Price Action: LLNW shares traded higher by 11.9% at $2.83 on the last check Friday.

Thanks for your perspective, I have been deliberately avoiding news/status of this stock for awhile; I own a bit. I also believe the much needed new CEO could be a catalyst for the price; did not realize they had a recent acquisition. I just feel that FSLY and LLNW are in a fabulous market segment and will not only recover but resume accelerated growth trends.

Needs to break $3

Not that anyone is watching, but I wrote the prior posting when the stock price was closed at $2.51. Since then, it hit a high intraday of $2.99 (but closed today at $2.80). Still, my comment on the night of 7/26 looks good in retrospect. Other than Goldman Sachs (henchman Brett Feldman) trying to keep the price down, this seems to have found positive momentum with new CEO Bob Lyons and their purchase of Layer0.

No one's been posting here of late, but this has been beat down, and is ready to rebound. The ER is 7/29/2021, so we should see some positive movement on Friday.

Can we see $4.50 by end of May on this one?? Has been a slow steady climb since you spotted the candlestick pattern.

The last 2 days confirmed the dragonfly. Up up up it goes.

Dragonfly Doji candlestick yesterday, the worm has turned! Buy on Monday, sit back and reeeelax! Will march upward.

CEO just acquired 361147 shares plus options?

Just a good time to build a position. It takes off in 4 months.

Very big green candle, and I also think they kill earnings on Friday (not financial advice)

This has to move. Great potential and maybe a merger for one who wants more streaming presence like AMZN just a guess. Lots of irons in the fire once settled in. IMHO ....

I bought my first ever LLNW shares yesterday. I bought mainly due to company performance relative to peers and stock valuation relative to peers. The company is doing better than competition yet stock is doing much worse! Bodes well.

New Leadership and New Hdqtrs should get more growth with the non buffered streaming and cloud services.
GLTA

got 10k shares at 4.23

lookn for an entry

* * $LLNW Video Chart 10-26-2020 * *

Link to Video - click here to watch the technical chart video

* * $LLNW Video Chart 10-23-2020 * *

Link to Video - click here to watch the technical chart video

Out

Seems like quite the overreaction.

Basic order book I see says bounce ... let's see how much resistance there is at $4.50s (if it moves there)

Update released by company won’t happen just before earnings unless they have something very nice to deliver

NEWS: $LLNW 2 Stay-at-Home Tech Stocks to Buy Right Now

Some technology companies have had the unique opportunity to help businesses of all sizes weather the coronavirus pandemic. And some of these tech stocks have thrived as people around the world spend more time at home than ever before. Investors who are looking for a couple of inves...

Read the whole news LLNW - 2 Stay-at-Home Tech Stocks to Buy Right Now

Limelight Networks Helps Katapy Reduce Latency and Scale for Major Growth With Edge Computing Solutions

Source: Business Wire
Limelight Networks, Inc. (Nasdaq: LLNW), a leading provider of content delivery network (CDN) and edge cloud services, today announced another edge compute partnership with Katapy, a fast growing global online video platform company. Katapy is tapping into the power of Limelight’s edge computing and CDN services to advance its customers' online video experiences, reduce cost, and scale to meet increasing demand for its video services.
As part of its customer experience improvement initiative, Katapy determined that Limelight’s edge compute environment is the right move for their OVP software. This allows them to be on-net, which reduces backend infrastructure management and overhead. It also brings customer media management and delivery into Limelight’s private fiber network and distributed edge datacenters giving the best customer experience. By using Limelight’s edge compute solutions, which provides access to a range of dedicated physical servers in Limelight Points-of-Presence (PoPs), Katapy can access compute power where and when needed. It has direct access to Limelight’s global network to onboard content locally, seamlessly deliver around the globe and scale to support a customer base growing 10 times this year alone.
“Limelight provides us with a high performance model for compute and delivery at the edge and allows us to reduce costs, reduce latency and scale to meet our significant growth demands around the world,” said Stuart Bishop, Co-founder at Katapy. “Our customers are media people, not engineers, working together with Limelight we provide them a complete one-of-a kind solution for delivering their content and improving viewer experiences. Limelight is leading the way with edge solutions and working as an extension of our team to find the best solutions to meet our goals.”
“Katapy recognizes the many benefits of edge computing solutions in delivering online video today and the power edge computing gives them for future innovation, improved customer experiences and growth,” said Steve Miller-Jones, VP, Edge Strategic & Solutions Architecture at Limelight. “Katapy is a great example of a forward-thinking company that’s leveraging Limelight’s edge capabilities and network to support long-term growth, and meet increasing customer demands.”
Limelight’s edge compute services are part of the company’s leading edge offering, which ranges from dedicated compute capabilities to serverless environments. All edge services from Limelight have direct access to the company’s private IP backbone, peering relationships with 1,000+ ISPs, and CDN. As a result, customers can easily deploy applications and code closest to where it’s being consumed, reducing latency and costs while ensuring optimal customer experiences.
About Katapy
Katapy delivers consumer-facing digital media streaming solutions to companies that distribute media. Services include video hosting & streaming as well as application and channel build-out for all platforms to deliver a cohesive user experience across all devices. With Katapy, your digital audience watches your video content on their own time, and on any device they choose, while you keep full control over your content archive, consumer engagement, monetization strategy, and usage analytics. Katapy makes it possible for content owners to have and deliver the same quality experiences of major OTT services coupled with an extensive end-to-end onboarding, curation, and delivery process that simplifies digital distribution workflows.
About Limelight
Limelight Networks, Inc. (NASDAQ: LLNW), a leading provider of digital content delivery, video, cloud security, and edge computing services, empowers customers to provide exceptional digital experiences. Limelight’s edge services platform includes a unique combination of global private infrastructure, intelligent software, and expert support services that enable current and future workflows. For more information, visit www.limelight.com, follow us on Twitter, Facebook, and LinkedIn.
?
View source version on businesswire.com: https://www.businesswire.com/news/home/20200929005762/en/
Stephanie Epstein
SHIFT Communications
Limelight@shiftcomm.com
617-779-1800

https://finance.yahoo.com/news/limelight-networks-llnw-stock-outpacing-153003174.html

https://www.limelight.com/resources/case-study/anyclip/

https://zolmax.com/investing/two-sigma-advisers-lp-has-8-08-million-position-in-limelight-networks-inc-nasdaqllnw/4840375.html

BREAKING NEWS: $LLNW 3 Stocks Under $10 Ready to Break Out in 2021

Big gains can come from stocks with small share prices, but the catalysts have to be there. A lot of speculators will lose their shirts chasing penny stocks without doing any research, but there are some bargains to be had among stocks with single-digit price tags. Limelight Networks (NASD...

In case you are interested LLNW - 3 Stocks Under $10 Ready to Break Out in 2021

Just In: $LLNW Why Limelight Networks Stock Is Soaring Today

Shares of Limelight Networks (NASDAQ: LLNW) are rising today, up 7.5% as of 1:17 p.m. EDT, after investors were quick to embrace a bullish report from analyst firm Truist. The content delivery network (CDN) specialist got a buy rating and a $9 share price target from Truist analyst Greg Mil...

Find out more LLNW - Why Limelight Networks Stock Is Soaring Today

Great article on LLNW!
https://seekingalpha.com/article/4369102-limelight-networks-time-to-leverage-relationships-and-expertise

Revenue of $58.5 million, up 28% year over year..

https://investors.limelight.com/file/Index?KeyFile=404677197

Limelight Networks Reports Strong Financial Results for the Second Quarter of 2020

https://investors.limelight.com/file/Index?KeyFile=404677197

https://www.limelight.com/company-information/

Here is an interesting article about LLNW if you haven't already seen it. 82% of the shares are owned by bt institutions according to Yahoo Finance.

https://finance.yahoo.com/news/hedge-funds-never-bullish-limelight-014231940.html

Picked this up after reading the Raymond James note on Seeking Alpha. Fastly is one of my biggest positions and any successful small cap CDN automatically gets my attention. Limelight looks poised for growth and the momentum looks strong these days

* * $LLNW Video Chart 06-25-2020 * *

Link to Video - click here to watch the technical chart video

Raymond James Notes ' This is an especially meaningful development for Limelight (LLNW) who stands to gain the most as a percent of revenue given that Amazon Prime Video made up 30% of its 2019 revenues.'

This was on the Benzinga Pro news feed today. I don't understand why FSLY is skyrocketing when this company is profitable which FSLY is not and is set to grow 100% year over year (2020 earnings vs 2021 earnings) based on 7-8 analysts published on Yahoo finance as of this writing. Yet LLNW has only 1/10th the market cap of FSLY. Look at the fundamentals between both companies and you will see a lot of similarities and they are direct competitors in this space. Once Main Street and the Robinhood traders find out about this stock it will probably skyrocket like FSLY. If you look at their list of customers like Amazon it's maybe a much better play in the same industry as FSTY. The kicker or tailwind is when Amazon adds 24/7 live streaming cable TV channels to Amazon Prime Video. This will cause estimates and positive earnings (which FSTY doesn't have) to rise dramatically IMHO. Also hoping it starts to show up on institutional radars as well now that it trades over $6 a share. Have a great day and good luck with your trading!

* * $LLNW Video Chart 06-23-2020 * *

Link to Video - click here to watch the technical chart video

Institutional Buying - big lots bought between 9 and 9:15 ET today

IMO this stock will be $8 fairly soon. After listening to the earnings call they are well positioned moving forward. Don’t understand the price drop.