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Limelight Networks

Nasdaq:LLNW
Snowflake Description

Reasonable growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LLNW
Nasdaq
$665M
Market Cap
  1. Home
  2. US
  3. Software
Company description

Limelight Networks, Inc. provides content delivery and related services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The last earnings update was 69 days ago. More info.


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  • Limelight Networks has significant price volatility in the past 3 months.
LLNW Share Price and Events
7 Day Returns
-0.9%
NasdaqGS:LLNW
4.3%
US IT
2.4%
US Market
1 Year Returns
82.1%
NasdaqGS:LLNW
-1.2%
US IT
-10%
US Market
LLNW Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Limelight Networks (LLNW) -0.9% 23.8% 24.1% 82.1% 128% 60.3%
US IT 4.3% -10% -15.6% -1.2% 59.3% 77.7%
US Market 2.4% -11% -19.4% -10% 9.6% 21.1%
1 Year Return vs Industry and Market
  • LLNW outperformed the IT industry which returned -1.2% over the past year.
  • LLNW outperformed the Market in United States of America which returned -10% over the past year.
Price Volatility
LLNW
Industry
5yr Volatility vs Market

LLNW Value

 Is Limelight Networks undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Limelight Networks to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Limelight Networks.

NasdaqGS:LLNW Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 8 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:LLNW
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 5.4%
IT Unlevered Beta Simply Wall St/ S&P Global 0.93
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.934 (1 + (1- 21%) (2.34%))
0.967
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.97
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (0.967 * 5.44%)
7%

Discounted Cash Flow Calculation for NasdaqGS:LLNW using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Limelight Networks is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

NasdaqGS:LLNW DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 7%)
2020 6.01 Analyst x2 5.62
2021 12.38 Analyst x2 10.81
2022 18.95 Analyst x1 15.47
2023 22.83 Analyst x1 17.41
2024 28.39 Analyst x1 20.24
2025 32.50 Est @ 14.48% 21.66
2026 35.97 Est @ 10.66% 22.40
2027 38.84 Est @ 7.98% 22.60
2028 41.21 Est @ 6.11% 22.42
2029 43.19 Est @ 4.8% 21.96
Present value of next 10 years cash flows $180.00
NasdaqGS:LLNW DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $43.19 × (1 + 1.74%) ÷ (7% – 1.74%)
$835.33
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $835.33 ÷ (1 + 7%)10
$424.62
NasdaqGS:LLNW Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $180.00 + $424.62
$604.62
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $604.62 / 118.61
$5.1
NasdaqGS:LLNW Discount to Share Price
Calculation Result
Value per share (USD) From above. $5.10
Current discount Discount to share price of $5.61
= -1 x ($5.61 - $5.10) / $5.10
-10.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Limelight Networks is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Limelight Networks's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Limelight Networks's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:LLNW PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-0.14
NasdaqGS:LLNW Share Price ** NasdaqGS (2020-04-07) in USD $5.61
United States of America IT Industry PE Ratio Median Figure of 71 Publicly-Listed IT Companies 24.84x
United States of America Market PE Ratio Median Figure of 2,948 Publicly-Listed Companies 12.95x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Limelight Networks.

NasdaqGS:LLNW PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:LLNW Share Price ÷ EPS (both in USD)

= 5.61 ÷ -0.14

-40.52x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Limelight Networks is loss making, we can't compare its value to the US IT industry average.
  • Limelight Networks is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Limelight Networks's expected growth come at a high price?
Raw Data
NasdaqGS:LLNW PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -40.52x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts
66.9%per year
United States of America IT Industry PEG Ratio Median Figure of 60 Publicly-Listed IT Companies 1.89x
United States of America Market PEG Ratio Median Figure of 2,010 Publicly-Listed Companies 0.92x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Limelight Networks, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Limelight Networks's assets?
Raw Data
NasdaqGS:LLNW PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $1.41
NasdaqGS:LLNW Share Price * NasdaqGS (2020-04-07) in USD $5.61
United States of America IT Industry PB Ratio Median Figure of 116 Publicly-Listed IT Companies 2.88x
United States of America Market PB Ratio Median Figure of 5,162 Publicly-Listed Companies 1.26x
NasdaqGS:LLNW PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:LLNW Share Price ÷ Book Value per Share (both in USD)

= 5.61 ÷ 1.41

3.99x

* Primary Listing of Limelight Networks.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Limelight Networks is overvalued based on assets compared to the US IT industry average.
X
Value checks
We assess Limelight Networks's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. Limelight Networks has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

LLNW Future Performance

 How is Limelight Networks expected to perform in the next 1 to 3 years based on estimates from 8 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
66.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Limelight Networks expected to grow at an attractive rate?
  • Limelight Networks's earnings growth is expected to exceed the low risk savings rate of 1.7%.
Growth vs Market Checks
  • Limelight Networks's earnings growth is expected to exceed the United States of America market average.
  • Limelight Networks's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:LLNW Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:LLNW Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts 66.9%
NasdaqGS:LLNW Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 8 Analysts 8.8%
United States of America IT Industry Earnings Growth Rate Market Cap Weighted Average 16.4%
United States of America IT Industry Revenue Growth Rate Market Cap Weighted Average 9.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:LLNW Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:LLNW Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 323 64 18 1
2023-12-31 293 55 13 1
2022-12-31 267 48 6 1
2021-12-31 248 39 -1 6
2020-12-31 231 31 -8 8
2020-04-08
NasdaqGS:LLNW Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 201 2 -16
2019-09-30 184 -4 -24
2019-06-30 182 10 -21
2019-03-31 187 12 1
2018-12-31 196 20 10
2018-09-30 200 14 14
2018-06-30 197 5 13
2018-03-31 192 6 -4
2017-12-31 184 5 -8
2017-09-30 180 4 -11
2017-06-30 173 2 -15
2017-03-31 172 5 -71

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Limelight Networks's earnings are expected to grow significantly at over 20% yearly.
  • Limelight Networks's revenue is expected to grow by 8.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:LLNW Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below

All data from Limelight Networks Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:LLNW Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31 0.14 0.14 0.14 1.00
2023-12-31 0.10 0.10 0.10 1.00
2022-12-31 0.05 0.05 0.05 1.00
2021-12-31 -0.01 0.01 -0.03 4.00
2020-12-31 -0.05 -0.02 -0.08 6.00
2020-04-08
NasdaqGS:LLNW Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -0.14
2019-09-30 -0.21
2019-06-30 -0.19
2019-03-31 0.01
2018-12-31 0.09
2018-09-30 0.13
2018-06-30 0.11
2018-03-31 -0.04
2017-12-31 -0.07
2017-09-30 -0.10
2017-06-30 -0.14
2017-03-31 -0.68

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Limelight Networks will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Limelight Networks's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Limelight Networks has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

LLNW Past Performance

  How has Limelight Networks performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Limelight Networks's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Limelight Networks does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Limelight Networks's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Limelight Networks's 1-year growth to the US IT industry average as it is not currently profitable.
Earnings and Revenue History
Limelight Networks's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Limelight Networks Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:LLNW Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 200.63 -16.04 73.86 22.53
2019-09-30 184.50 -23.70 72.87 22.86
2019-06-30 182.49 -21.22 72.40 23.58
2019-03-31 186.84 1.13 70.39 23.64
2018-12-31 195.67 9.84 69.02 24.08
2018-09-30 199.87 14.12 68.24 24.26
2018-06-30 196.62 12.64 66.69 24.82
2018-03-31 191.74 -4.14 63.89 25.46
2017-12-31 184.36 -7.63 62.63 25.34
2017-09-30 179.95 -10.64 60.63 25.47
2017-06-30 173.36 -15.00 57.48 24.66
2017-03-31 171.55 -71.32 57.04 24.23
2016-12-31 168.23 -73.93 55.70 24.34
2016-09-30 167.20 -74.15 54.73 24.92
2016-06-30 169.77 -75.79 57.76 26.72
2016-03-31 170.01 -24.22 60.93 28.08
2015-12-31 170.91 -23.95 63.51 28.02
2015-09-30 168.90 -24.81 66.43 27.35
2015-06-30 165.87 -22.12 66.51 25.44
2015-03-31 163.42 -22.90 65.73 22.65
2014-12-31 162.26 -24.86 64.82 20.97
2014-09-30 163.73 -24.55 67.61 20.14
2014-06-30 167.37 -30.38 70.05 20.05
2014-03-31 168.79 -34.48 72.18 20.84
2013-12-31 173.43 -34.98 73.38 22.00
2013-09-30 177.70 -40.56 74.89 21.89
2013-06-30 180.05 -30.27 76.08 21.42

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Limelight Networks has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Limelight Networks has efficiently used its assets last year compared to the US IT industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Limelight Networks improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Limelight Networks's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Limelight Networks has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

LLNW Health

 How is Limelight Networks's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Limelight Networks's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Limelight Networks is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Limelight Networks's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Limelight Networks's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Limelight Networks has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Limelight Networks Company Filings, last reported 3 months ago.

NasdaqGS:LLNW Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 166.54 0.00 18.34
2019-09-30 157.92 0.00 18.05
2019-06-30 156.65 0.00 28.92
2019-03-31 159.54 0.00 38.64
2018-12-31 165.15 0.00 50.47
2018-09-30 167.06 0.00 52.64
2018-06-30 164.33 0.00 45.57
2018-03-31 144.25 0.00 43.70
2017-12-31 144.15 0.00 49.32
2017-09-30 141.88 0.00 57.69
2017-06-30 140.80 0.00 60.60
2017-03-31 137.95 0.00 60.83
2016-12-31 137.57 0.00 66.19
2016-09-30 138.38 0.00 74.40
2016-06-30 141.42 12.79 30.89
2016-03-31 195.75 12.79 24.14
2015-12-31 198.10 0.00 73.00
2015-09-30 198.34 0.00 69.58
2015-06-30 204.21 0.00 74.92
2015-03-31 206.59 0.00 80.94
2014-12-31 212.16 0.00 93.08
2014-09-30 219.78 0.00 101.26
2014-06-30 227.30 0.00 107.46
2014-03-31 231.83 0.00 112.37
2013-12-31 237.33 0.00 118.46
2013-09-30 239.98 0.00 112.27
2013-06-30 246.45 0.00 118.87
  • Limelight Networks has no debt.
  • Limelight Networks had no debt 5 years ago.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Limelight Networks has less than a year of cash runway based on current free cash flow.
  • Unable to confirm if Limelight Networks has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Limelight Networks's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Limelight Networks has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

LLNW Dividends

 What is Limelight Networks's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Limelight Networks dividends.
If you bought $2,000 of Limelight Networks shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Limelight Networks's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Limelight Networks's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:LLNW Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
United States of America IT Industry Average Dividend Yield Market Cap Weighted Average of 34 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1935 Stocks 2.9%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.9%
United States of America Top 25% Dividend Yield 75th Percentile 5.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:LLNW Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2020-04-08

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Limelight Networks has not reported any payouts.
  • Unable to verify if Limelight Networks's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Limelight Networks's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Limelight Networks has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Limelight Networks's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Limelight Networks afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Limelight Networks has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

LLNW Management

 What is the CEO of Limelight Networks's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Bob Lento
COMPENSATION $3,197,464
AGE 58
TENURE AS CEO 7.4 years
CEO Bio

Mr. Robert A. Lento, also known as Bob, has been the Chief Executive Officer and President of Limelight Networks, Inc. since January 2013. Mr. Lento served as an Interim Chief Executive Officer of Limelight Networks, Inc. from November 26, 2012 to January 2013. Mr. Lento has over thirty years of industry knowledge and leadership experience. Prior to joining Limelight, he spent 14 years at Convergys, serving a decade as the senior sales executive. Mr. Lento served as President of Convergys Information Management Group Inc. He served as the President of Global Information Management at Convergys Corporation from January 2009 to May 16, 2012. He served as the President of Information Management at Convergys Corporation since August 1, 2007. Mr. Lento served as the President of Communications and Technology of Automotive Group from 2003 to 2007 and Senior Vice President of Global Information Management Sales from 2002 to 2003. Mr. Lento served as President of the LAN Systems Division of Donnelley Enterprise Solutions Inc. since January 1997 to 1998. From 1989 to 1996, he served as a Senior Vice President of Operations for Entex Information Services, Inc. ('Entex'), an integration services firm from January 1995 to 1997. Mr. Lento served as a Regional Director of Entex from 1992 to 1995. He served as a General Manager of Entex from 1990 to 1992. Mr. Lento bring over thirty years of leadership experience to Limelight, which we believe gives him unique insights into challenges, opportunities, and operations. He possesses leadership, managerial and technical skills relevant to leading Limelight, knowledge of Limelight’s leading customers, and knowledge of cloud services and SaaS companies generally, which skills and knowledge are directly relevant to strengthening the Board’s collective qualifications, skills, and experience. Mr. Lento was the Owner of Computer Professionals, Inc., which was acquired by Entex in 1990. He has been a Director of Limelight Networks, Inc. since January 2013. He holds a BS in Management from the State University of New York.

CEO Compensation
  • Bob's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Bob's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Limelight Networks management team in years:

4.3
Average Tenure
54.5
Average Age
  • The tenure for the Limelight Networks management team is about average.
Management Team

Bob Lento

TITLE
President
COMPENSATION
$3M
AGE
58
TENURE
7.4 yrs

Sajid Malhotra

TITLE
Chief Financial Officer
COMPENSATION
$2M
AGE
55
TENURE
4.3 yrs

Mike DiSanto

TITLE
Senior VP
COMPENSATION
$1M
AGE
46
TENURE
5 yrs

Kurt Silverman

TITLE
Senior Vice President of Development & Delivery
COMPENSATION
$1M
AGE
62
TENURE
6.6 yrs

Nathan Raciborski

TITLE
COMPENSATION
$1M
AGE
52

Dan Carney

TITLE
Senior Vice President of Operations
TENURE
4.3 yrs

Daniel Boncel

TITLE
VP of Finance & Principal Accounting Officer

Veronica Bracker

TITLE
Investor Relations

Nigel Burmeister

TITLE
Vice President of Global Marketing
TENURE
4.3 yrs

Tom Marth

TITLE
Senior Vice President of Sales
AGE
54
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the Limelight Networks board of directors in years:

5.2
Average Tenure
56
Average Age
  • The tenure for the Limelight Networks board of directors is about average.
Board of Directors

Walter Amaral

TITLE
Non-Executive Chairman of the Board
COMPENSATION
$232K
AGE
67
TENURE
7.2 yrs

Bob Lento

TITLE
President
COMPENSATION
$3M
AGE
58
TENURE
7.3 yrs

David Peterschmidt

TITLE
Independent Director
COMPENSATION
$195K
AGE
71
TENURE
13.2 yrs

Jeff Fisher

TITLE
Independent Director
COMPENSATION
$196K
AGE
56
TENURE
11.4 yrs

Doug Bewsher

TITLE
Independent Director
COMPENSATION
$176K
AGE
50
TENURE
3.2 yrs

Scott Genereux

TITLE
Independent Director
COMPENSATION
$182K
AGE
56
TENURE
3.2 yrs

Marc DeBevoise

TITLE
Director
COMPENSATION
$147K
AGE
41
TENURE
1.4 yrs

Patricia Hadden

TITLE
Director
COMPENSATION
$147K
AGE
42
TENURE
1.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
26. Jul 19 Buy Thomas Marth Individual 25. Jul 19 25. Jul 19 21,550 $2.32 $49,996
25. Jul 19 Buy Sajid Malhotra Individual 24. Jul 19 24. Jul 19 20,000 $2.28 $45,600
X
Management checks
We assess Limelight Networks's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Limelight Networks has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

LLNW News

Simply Wall St News

What Kind Of Shareholders Own Limelight Networks, Inc. (NASDAQ:LLNW)?

See our latest analysis for Limelight Networks NasdaqGS:LLNW Ownership Summary, August 15th 2019 What Does The Institutional Ownership Tell Us About Limelight Networks? … We can see that Limelight Networks does have institutional investors; and they hold 76% of the stock. … Insider Ownership Of Limelight Networks The definition of company insiders can be subjective, and does vary between jurisdictions.

Simply Wall St -

Are Investors Undervaluing Limelight Networks, Inc. (NASDAQ:LLNW) By 42%?

We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. … Generally we assume that a dollar today is more valuable than a dollar in the future, so we discount the value of these future cash flows to their estimated value in today's dollars: 10-year free cash flow (FCF) forecast 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Levered FCF ($, Millions) $11.0m $24.8m $28.0m $31.2m $33.8m $36.1m $38.0m $39.8m $41.4m $43.0m Growth Rate Estimate Source Analyst x4 Analyst x1 Analyst x1 Analyst x1 Est @ 8.34% Est @ 6.66% Est @ 5.48% Est @ 4.65% Est @ 4.08% Est @ 3.67% Present Value ($, Millions) Discounted @ 8.78% $10.1 $21.0 $21.8 $22.3 $22.2 $21.8 $21.1 $20.3 $19.4 $18.5 ("Est" = FCF growth rate estimated by Simply Wall St) Present Value of 10-year Cash Flow (PVCF)= $198.5m After calculating the present value of future cash flows in the intial 10-year period, we need to calculate the Terminal Value, which accounts for all future cash flows beyond the first stage. … NasdaqGS:LLNW Intrinsic value, July 4th 2019 Important assumptions We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows.

Simply Wall St -

Should You Be Holding Limelight Networks, Inc. (NASDAQ:LLNW)?

In the case of LLNW, it is a company with impressive financial health as well as a buoyant future outlook. … Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity. … The intrinsic value infographic in our free research report helps visualize whether LLNW is currently mispriced by the market.

Simply Wall St -

What Did Limelight Networks, Inc.'s (NASDAQ:LLNW) CEO Take Home Last Year?

See our latest analysis for Limelight Networks How Does Bob Lento's Compensation Compare With Similar Sized Companies? … I think that the total shareholder return of 126%, over three years, would leave most Limelight Networks, Inc. … We compared total CEO remuneration at Limelight Networks, Inc.

Simply Wall St -

What Kind Of Investor Owns Most Of Limelight Networks, Inc. (NASDAQ:LLNW)?

With a market capitalization of US$345m, Limelight Networks is a small cap stock, so it might not be well known by many institutional investors. … Taking a look at our data on the ownership groups (below), it's seems that. … We can zoom in on the different ownership groups, to learn more about LLNW

Simply Wall St -

Limelight Networks, Inc. (NASDAQ:LLNW) Delivered A Weaker ROE Than Its Industry

Our data shows Limelight Networks has a return on equity of 6.0% for the last year. … One way to conceptualize this, is that for each $1 of shareholders' equity it has, the company made $0.060 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Update: Limelight Networks Stock Gained 63% In The Last Three Years

One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … During three years of share price growth, Limelight Networks moved from a loss to profitability. … The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers)

Simply Wall St -

Is Limelight Networks, Inc. (NASDAQ:LLNW) Overpaying Its CEO?

In 2012 Bob Lento was appointed CEO of Limelight Networks, Inc. … This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Bob Lento's Compensation Compare With Similar Sized Companies?

Simply Wall St -

How Limelight Networks, Inc. (NASDAQ:LLNW) Could Add Value To Your Portfolio

(NASDAQ:LLNW) is a stock with outstanding fundamental characteristics. … When we build an investment case, we need to look at the stock with a holistic perspective. … In the case of LLNW, it

Simply Wall St -

How Financially Strong Is Limelight Networks, Inc. (NASDAQ:LLNW)?

(NASDAQ:LLNW), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … However, the trade-off is LLNW will have to follow strict debt obligations which will reduce its financial flexibility. … Is financial flexibility worth the lower cost of capital.

Simply Wall St -

LLNW Company Info

Description

Limelight Networks, Inc. provides content delivery and related services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates private networks that deliver Websites, mobile applications, videos, music, software, games, and APIs; offers live and on-demand video delivery services; and provides online video platforms that help organizations manage, publish, syndicate, analyze, and monetize video contents. It also offers edge cloud services; cloud security services that provide defense against malicious apps, Website attacks, and unauthorized content access; and cloud storage services. In addition, the company provides professional services; and other infrastructure services, such as transit and rack space services. It serves media companies operating in the television, music, radio, newspaper, magazine, movie, gaming, software, and social media industries, as well as technology companies and other entities conducting businesses online. Limelight Networks, Inc. was founded in 2001 and is headquartered in Scottsdale, Arizona.

Details
Name: Limelight Networks, Inc.
LLNW
Exchange: NasdaqGS
Founded: 2001
$665,420,472
118,613,275
Website: http://www.limelight.com
Address: Limelight Networks, Inc.
1465 North Scottsdale Road,
Suite 400,
Scottsdale,
Arizona, 85257,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS LLNW Common Stock Nasdaq Global Select US USD 08. Jun 2007
DB LNK Common Stock Deutsche Boerse AG DE EUR 08. Jun 2007
LSE 0JUZ Common Stock London Stock Exchange GB USD 08. Jun 2007
Number of employees
Current staff
Staff numbers
610
Limelight Networks employees.
Industry
Internet Services and Infrastructure
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 04:47
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/04/06
Last earnings filing: 2020/01/30
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.