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EGIOQ
Upturn stock ratingUpturn stock rating

Edgio, Inc. (EGIOQ)

Upturn stock ratingUpturn stock rating
$0.02
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

12/02/2024: EGIOQ (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -55.51%
Avg. Invested days 17
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 12/02/2024

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 0.00M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) 7540
Beta 0.52
52 Weeks Range -
Updated Date 02/26/2025
52 Weeks Range -
Updated Date 02/26/2025
Dividends yield (FY) -
Basic EPS (TTM) -26

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -35.1%
Operating Margin (TTM) -23.51%

Management Effectiveness

Return on Assets (TTM) -13.86%
Return on Equity (TTM) -63.11%

Valuation

Trailing PE -
Forward PE 59.88
Enterprise Value 105893585
Price to Sales(TTM) -
Enterprise Value 105893585
Price to Sales(TTM) -
Enterprise Value to Revenue 0.26
Enterprise Value to EBITDA -5.35
Shares Outstanding 5855350
Shares Floating 3356418
Shares Outstanding 5855350
Shares Floating 3356418
Percent Insiders 3.73
Percent Institutions 34.15

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Edgio, Inc.

stock logo

Company Overview

overview logo History and Background

Edgio, Inc. (formerly Limelight Networks) was founded in 2001. Initially focused on content delivery networks (CDNs), it has evolved to offer edge computing and web application security solutions. The rebranding to Edgio in 2022 reflects this broadened scope.

business area logo Core Business Areas

  • Edge Solutions: Provides edge computing, streaming, and delivery solutions for businesses to optimize content delivery and improve user experience. Includes compute, storage, and networking capabilities at the edge of the network.
  • Applications: Focuses on web application security (WAS) and content acceleration services. Includes Bot management, DDoS protection and API security.
  • Media: Dedicated to optimizing video content creation, delivery, and monetization. Provides solutions for live streaming, video on demand, and online video platforms.

leadership logo Leadership and Structure

The leadership team is headed by William (Bill) Ingram, CEO. The company has a functional organizational structure with departments such as Sales, Marketing, Engineering, and Finance.

Top Products and Market Share

overview logo Key Offerings

  • Edgio Delivery Network: A global CDN that accelerates content delivery. Market share is estimated to be in the low single digits. Competitors include Akamai, Cloudflare, and Fastly. Revenue is generated through usage-based pricing and subscription models. No specific market share for this product is readily available
  • Edgio App Security: A web application firewall (WAF) and bot management solution. No specific market share data readily available. Competitors include Cloudflare, Akamai, Imperva. Revenue is generated through subscription fees.
  • Edgio Streaming: Offers streaming solutions for live and on-demand video. Competitors include Brightcove, Vimeo, and Kaltura. Revenue is generated through usage-based pricing and subscription models. No specific market share for this product is readily available.

Market Dynamics

industry overview logo Industry Overview

The content delivery network (CDN), edge computing, and web application security markets are experiencing strong growth due to increasing demand for online video, cloud services, and cybersecurity. The market is competitive, with several established players and emerging startups.

Positioning

Edgio is positioned as a provider of edge solutions for content delivery and web application security. It aims to compete with larger CDN providers by offering a more integrated and scalable platform. Focus on video delivery sets it apart.

Total Addressable Market (TAM)

The combined TAM for CDN, edge computing, and web application security is estimated to be hundreds of billions of dollars. Edgio is positioned to capture a portion of this TAM through its product offerings.

Upturn SWOT Analysis

Strengths

  • Integrated platform for content delivery and web application security
  • Strong technology infrastructure
  • Focus on video delivery solutions
  • Global network presence

Weaknesses

  • Smaller market share compared to larger CDN providers
  • Financial instability
  • Inconsistent Execution
  • History of losses

Opportunities

  • Growing demand for edge computing
  • Increasing need for web application security
  • Expansion into new geographic markets
  • Strategic partnerships with cloud providers

Threats

  • Intense competition from larger CDN providers
  • Rapid technological changes in the industry
  • Economic downturn affecting IT spending
  • Security breaches impacting customer trust

Competitors and Market Share

competitor logo Key Competitors

  • AKAM
  • CLFD
  • FSLY

Competitive Landscape

Edgio faces stiff competition from larger and more established CDN providers. It needs to differentiate itself through innovative solutions and a strong focus on customer service.

Major Acquisitions

LayerFour Networks

  • Year: 2022
  • Acquisition Price (USD millions): 0
  • Strategic Rationale: Bolstered Edgio's security capabilities by integrating LayerFour's advanced DDoS mitigation technology.

Growth Trajectory and Initiatives

Historical Growth: Historical revenue growth has been inconsistent. Some periods of rapid growth, followed by periods of slower growth or decline.

Future Projections: Analyst projections vary, but generally expect moderate revenue growth in the coming years, driven by demand for edge computing and web application security. Check analyst reports for up to date guidance.

Recent Initiatives: Recent initiatives include product development in the edge computing space, strategic partnerships with cloud providers, and expansion into new geographic markets.

Summary

Edgio, Inc. is a smaller player in the CDN and edge computing market facing intense competition. While it offers a compelling integrated platform and is focused on video delivery, its financial instability and smaller market share compared to industry giants remain key challenges. Recent initiatives focusing on edge computing and strategic partnerships show promise for future growth, but execution is critical. The company should continue to invest in product differentiation and improve financial stability to thrive.

Similar Companies

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AKAMratingrating

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CLFDratingrating

Clearfield Inc

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CLFDratingrating

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FSLYratingrating

Fastly Inc

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QDELratingrating

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VMEOratingrating

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Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Analyst Reports
  • Company Website
  • Industry Publications

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Market share data is based on estimates and may not be precise. Financial data should be verified with official SEC filings.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Edgio, Inc.

Exchange NASDAQ
Headquaters Phoenix, AZ, United States
IPO Launch date -
CEO & Director Mr. Todd A. Hinders
Sector Technology
Industry Software - Infrastructure
Full time employees 822
Full time employees 822

Edgio, Inc. provides edge-enabled software solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates private global networks with distributed computing resources and extensive connectivity to last-mile broadband network providers; offers live and on-demand video delivery services; and provides platform, media, and application solutions. It also offers cloud security, edge compute, origin storage, and support services. In addition, the company provides content delivery, video content management, and streaming services, performance services for website and web application and security; professional services, cloud storage, and edge computing services. The company was formerly known as Limelight Networks, Inc. and changed its name to Edgio, Inc. in June 2022. Edgio, Inc. was founded in 2001 and is headquartered in Phoenix, Arizona. On September 9, 2024, Edgio, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.

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