EGIO RSI Chart
Last 7 days
16%
Last 30 days
-20.4%
Last 90 days
9.5%
Trailing 12 Months
-53.1%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 385.2M | 417.4M | 403.6M | 0 |
2022 | 206.8M | 224.1M | 286.9M | 338.6M |
2021 | 222.8M | 210.6M | 199.3M | 201.1M |
2020 | 214.4M | 227.0M | 234.9M | 230.2M |
2019 | 186.8M | 182.5M | 184.5M | 200.6M |
2018 | 191.7M | 196.6M | 199.9M | 195.7M |
2017 | 171.5M | 173.4M | 180.0M | 184.4M |
2016 | 170.0M | 169.8M | 167.2M | 168.2M |
2015 | 163.4M | 165.9M | 168.9M | 170.9M |
2014 | 168.8M | 167.4M | 163.7M | 162.3M |
2013 | 181.7M | 180.0M | 177.7M | 173.4M |
2012 | 174.2M | 177.1M | 179.7M | 180.2M |
2011 | 166.6M | 165.9M | 168.3M | 171.3M |
2010 | 0 | 139.2M | 146.7M | 154.2M |
2009 | 0 | 0 | 0 | 131.7M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 12, 2024 | chang eric | sold (taxes) | -7,270 | 8.16 | -891 | chief accounting officer |
Mar 01, 2024 | diegnan richard p. jr | sold (taxes) | -749 | 9.86 | -76.00 | chief legal officer |
Mar 01, 2024 | kapur ajay | sold (taxes) | -15,085 | 9.86 | -1,530 | cto |
Mar 01, 2024 | cumming stephen | sold (taxes) | -2,317 | 9.86 | -235 | chief financial officer |
Mar 01, 2024 | chang eric | sold (taxes) | -374 | 9.86 | -38.00 | chief accounting officer |
Mar 01, 2024 | cumming stephen | sold (taxes) | -2,376 | 9.86 | -241 | chief financial officer |
Mar 01, 2024 | kapur ajay | sold (taxes) | -15,135 | 9.86 | -1,535 | cto |
Dec 29, 2023 | chang eric | sold (taxes) | -3,532 | 0.34 | -10,389 | chief accounting officer |
Dec 29, 2023 | cumming stephen | sold (taxes) | -2,144 | 0.34 | -6,308 | chief financial officer |
Which funds bought or sold EGIO recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | COMERICA BANK | new | - | 68.00 | 68.00 | -% |
May 15, 2024 | JACOBS LEVY EQUITY MANAGEMENT, INC | new | - | 372,857 | 372,857 | -% |
May 15, 2024 | MORGAN STANLEY | sold off | -100 | -51,986 | - | -% |
May 15, 2024 | MORGAN STANLEY | new | - | 76,032 | 76,032 | -% |
May 15, 2024 | JACOBS LEVY EQUITY MANAGEMENT, INC | sold off | -100 | -460,304 | - | -% |
May 15, 2024 | AMERIPRISE FINANCIAL INC | sold off | -100 | -31,236 | - | -% |
May 15, 2024 | Main Street Group, LTD | new | - | 20.00 | 20.00 | -% |
May 15, 2024 | STATE STREET CORP | sold off | -100 | -176,810 | - | -% |
May 15, 2024 | Royal Bank of Canada | sold off | -100 | - | - | -% |
May 15, 2024 | TWO SIGMA INVESTMENTS, LP | sold off | -100 | -137,169 | - | -% |
Unveiling Edgio Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Edgio Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
MSFT | 3.1T | 236.6B | 36.24 | 13.2 | ||||
ADBE | 216.6B | 19.9B | 45.12 | 10.87 | ||||
CRWD | 82.6B | 3.1B | 924.45 | 27.03 | ||||
SQ | 44.6B | 22.9B | 89.43 | 1.95 | ||||
AKAM | 14.5B | 3.9B | 23.17 | 3.74 | ||||
FFIV | 10.2B | 2.8B | 20.48 | 3.67 | ||||
MID-CAP | ||||||||
ALTR | 7.5B | 619.6M | 779.75 | 12.06 | ||||
HCP | 6.4B | 583.1M | -33.59 | 10.98 | ||||
ACIW | 4.0B | 1.5B | 27.07 | 2.67 | ||||
APPN | 2.4B | 560.0M | -22.61 | 4.34 | ||||
SMALL-CAP | ||||||||
CSGS | 1.3B | 1.2B | 19.76 | 1.09 | ||||
ATEN | 1.2B | 254.7M | 26.36 | 4.73 | ||||
BAND | 590.0M | 634.3M | -20.22 | 0.93 | ||||
DTSS | 20.5M | 23.3M | -1.79 | 0.88 | ||||
BLIN | 13.0M | 15.3M | -1.29 | 0.85 |
Edgio Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Revenue | 1.3% | 97,035,000 | 95,765,000 | 101,948,000 | 108,841,000 | 110,832,000 | 63,586,000 | 55,339,000 | 57,178,000 | 47,994,000 | 46,285,000 | 49,658,000 | 55,394,000 | 59,243,000 | 58,546,000 | 57,012,000 | 60,129,000 | 51,321,000 | 45,904,000 | 43,280,000 | 43,992,000 | 49,315,000 |
Cost Of Revenue | 4.7% | 73,840,000 | 70,530,000 | 70,963,000 | 64,225,000 | 82,209,000 | 45,509,000 | 38,521,000 | 36,752,000 | 36,008,000 | 36,908,000 | 37,124,000 | 35,194,500 | 37,507,000 | 34,749,000 | 36,263,000 | 33,873,000 | 30,563,000 | 27,397,000 | 27,258,000 | 26,081,000 | 25,280,000 |
Gross Profit | -8.1% | 23,195,000 | 25,235,000 | 30,985,000 | 44,616,000 | 28,623,000 | 18,077,000 | 16,818,000 | 20,426,000 | 11,986,000 | 9,377,000 | 12,534,000 | 16,823,000 | 21,736,000 | 23,797,000 | 20,749,000 | 26,255,000 | 20,758,000 | 18,507,000 | 16,022,000 | 17,910,000 | 24,035,000 |
Operating Expenses | -20.2% | 46,604,000 | 58,414,000 | 63,581,000 | 90,614,500 | 74,895,000 | 55,693,000 | 34,767,000 | 26,240,000 | 24,224,000 | 21,190,000 | 36,286,000 | 22,738,000 | 24,016,000 | 25,011,000 | 25,735,000 | 23,740,000 | 23,401,000 | 25,474,000 | 24,653,000 | 23,224,000 | 24,115,000 |
S&GA Expenses | -4.5% | 15,433,000 | 16,167,000 | 19,622,000 | 15,894,000 | 14,448,000 | 10,834,000 | 7,627,000 | 8,341,000 | 5,987,000 | 5,784,000 | 9,848,000 | 9,666,000 | 10,456,000 | 10,929,000 | 11,894,000 | 10,399,000 | 10,713,000 | 10,994,000 | 10,972,000 | 9,485,000 | 9,766,000 |
R&D Expenses | -14.8% | 15,958,000 | 18,739,000 | 21,016,000 | 29,441,500 | 32,462,000 | 12,171,000 | 9,577,000 | 5,149,000 | 5,205,000 | 5,187,000 | 6,128,000 | 5,065,500 | 5,425,000 | 5,572,000 | 5,618,000 | 5,459,500 | 5,160,000 | 6,013,000 | 5,901,000 | 5,781,000 | 5,882,000 |
EBITDA Margin | 15.6% | -0.28 | -0.33 | -0.38 | -0.40 | -0.37 | -0.32 | -0.22 | -0.26 | -0.28 | -0.21 | -0.16 | -0.07 | -0.02 | - | - | - | - | - | - | - | - |
Interest Expenses | -5.7% | 1,604,000 | 1,701,000 | 1,577,000 | 1,659,500 | 1,546,000 | 1,458,000 | 1,431,000 | 1,432,000 | 1,345,000 | 1,338,000 | 1,308,000 | 2,204,500 | 1,674,000 | 71,000 | 10,000 | 46,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
Income Taxes | 28.5% | 487,000 | 379,000 | 398,000 | -2,137,000 | 440,000 | -19,589,000 | 206,000 | 436,000 | 211,000 | 248,000 | 260,000 | 267,500 | 66,000 | 136,000 | 176,000 | 205,500 | 166,000 | 255,000 | 124,000 | 191,000 | 113,000 |
Earnings Before Taxes | 31.9% | -24,004,000 | -35,273,000 | -34,585,000 | -48,663,000 | -48,683,000 | -40,187,000 | -20,066,000 | -7,458,000 | -13,775,000 | -13,549,000 | -25,229,000 | -10,891,000 | -3,919,000 | -1,591,000 | -5,081,000 | 2,663,500 | -2,585,000 | -6,937,000 | -8,435,000 | -5,002,500 | -159,000 |
EBT Margin | 11.8% | -0.35 | -0.40 | -0.45 | -0.47 | -0.41 | -0.36 | -0.27 | -0.30 | -0.32 | -0.25 | -0.19 | -0.09 | -0.03 | - | - | - | - | - | - | - | - |
Net Income | 31.3% | -24,491,000 | -35,652,000 | -34,983,000 | -46,526,000 | -49,123,000 | -20,598,000 | -20,272,000 | -7,894,000 | -13,986,000 | -13,797,000 | -25,489,000 | -8,309,000 | -3,985,000 | -1,727,000 | -5,257,000 | 2,458,000 | -2,751,000 | -7,192,000 | -8,559,000 | -5,193,000 | -272,000 |
Net Income Margin | 11.9% | -0.35 | -0.40 | -0.39 | -0.40 | -0.34 | -0.28 | -0.27 | -0.30 | -0.31 | -0.24 | -0.18 | -0.08 | -0.04 | - | - | - | - | - | - | - | - |
Free Cashflow | -1.3% | -13,023,000 | -12,852,000 | -27,861,000 | 2,818,000 | -10,751,000 | -15,848,000 | -23,432,000 | -792,000 | -12,398,000 | -570,000 | -7,214,000 | -4,585,000 | 479,000 | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Assets | -3.6% | 453 | 470 | 506 | 542 | 571 | 583 | 311 | 314 | 319 | 296 | 303 | 315 | 324 | 221 | 213 | 209 | 208 | 191 | 199 | 199 | 205 |
Current Assets | -5.3% | 129 | 137 | 168 | 195 | 210 | 213 | 130 | 131 | 132 | 157 | 159 | 169 | 180 | 74.00 | 67.00 | 63.00 | 63.00 | 69.00 | 81.00 | 91.00 | 97.00 |
Cash Equivalents | -23.6% | 28.00 | 36.00 | 33.00 | 55.00 | 59.00 | 55.00 | 27.00 | 42.00 | 40.00 | 44.00 | 36.00 | 47.00 | 75.00 | 18.00 | 21.00 | 18.00 | 15.00 | 25.00 | 16.00 | 25.00 | 29.00 |
Net PPE | -4.7% | 70.00 | 74.00 | 73.00 | 73.00 | 106 | 117 | 41.00 | 41.00 | 42.00 | 46.00 | 50.00 | 49.00 | 47.00 | 49.00 | 47.00 | 46.00 | 46.00 | 36.00 | 33.00 | 27.00 | 27.00 |
Goodwill | -0.1% | 169 | 169 | 169 | 169 | 171 | 163 | 113 | 115 | 105 | 78.00 | 77.00 | 78.00 | 77.00 | 77.00 | 77.00 | 77.00 | 77.00 | 77.00 | 77.00 | 76.00 | 77.00 |
Liabilities | 1.8% | 300 | 294 | 298 | 303 | 294 | 261 | 187 | 182 | 184 | 170 | 168 | 143 | 146 | 51.00 | 49.00 | 43.00 | 50.00 | 35.00 | 39.00 | 34.00 | 38.00 |
Current Liabilities | 4.9% | 152 | 145 | 150 | 152 | 143 | 111 | 45.00 | 42.00 | 46.00 | 36.00 | 34.00 | 29.00 | 34.00 | 38.00 | 35.00 | 29.00 | 37.00 | 33.00 | 37.00 | 33.00 | 37.00 |
Long Term Debt | 0.2% | 123 | 123 | 123 | 123 | 122 | 122 | 122 | 122 | 122 | 121 | 121 | 101 | 100 | - | - | - | - | - | - | - | - |
LT Debt, Non Current | 0.2% | 123 | 123 | 123 | 123 | 122 | 122 | 122 | 122 | 122 | 121 | 121 | 101 | 100 | - | - | - | - | - | - | - | - |
Shareholder's Equity | -12.7% | 154 | 176 | 209 | 239 | 277 | 322 | 125 | 132 | 134 | 128 | 136 | 172 | 178 | 170 | 164 | 166 | 158 | 157 | 160 | 165 | 167 |
Retained Earnings | -3.8% | -668 | -643 | -608 | -573 | -526 | -477 | -456 | -436 | -428 | -414 | -400 | -377 | -365 | -361 | -359 | -354 | -357 | -354 | -347 | -338 | -333 |
Additional Paid-In Capital | 0.4% | 817 | 814 | 812 | 808 | 801 | 794 | 590 | 577 | 571 | 550 | 546 | 557 | 553 | 541 | 534 | 530 | 525 | 520 | 516 | 514 | 510 |
Shares Outstanding | 1.0% | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 4.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | - | - | - | - | - | - | - | - |
Float | - | - | - | - | - | - | 498 | - | - | - | 393 | - | - | - | 861 | - | - | - | 302 | - | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Cashflow From Operations | 13.5% | -10,687 | -12,356 | -24,073 | 8,147 | -4,395 | 2,145 | -17,569 | 5,071 | -7,733 | 3,380 | 368 | 777 | 7,659 | 2,340 | 9,576 | 8,503 | -1,908 | 1,114 | -5,963 | 2,915 | 11,692 |
Share Based Compensation | 9.8% | 3,687 | 3,359 | 5,200 | 7,937 | 8,353 | 7,291 | 7,012 | 4,003 | 5,328 | 917 | 8,562 | 3,479 | 1,923 | 5,251 | 5,064 | 3,315 | 3,358 | 3,649 | 3,456 | 5,485 | 3,421 |
Cashflow From Investing | -115.4% | -2,303 | 14,970 | -268 | -12,502 | 4,399 | 24,453 | -3,778 | -7,313 | 3,337 | 1,438 | -12,559 | -33,153 | -56,969 | -8,085 | -6,863 | -7,269 | -6,745 | 6,477 | -2,031 | -6,783 | -11,308 |
Cashflow From Financing | 1366.8% | 4,899 | 334 | 1,441 | -536 | 5,155 | 2,665 | 6,967 | 4,649 | 111 | 3,677 | 1,270 | 3,792 | 105,960 | 2,524 | 623 | 2,211 | -1,002 | 476 | -886 | 389 | -259 |
Buy Backs | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Unaudited Consolidated Statements of Operation - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 9 Months Ended | ||||
---|---|---|---|---|---|---|
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022 | |||
Income Statement [Abstract] | ||||||
Revenue | [1] | $ 97,035 | $ 110,832 | $ 294,748 | $ 229,757 | |
Cost of revenue: | ||||||
Cost of services | [1] | 66,359 | 67,140 | 200,454 | 138,531 | |
Depreciation — network | 3,965 | 10,903 | 11,363 | 23,542 | ||
Amortization — technology | 3,516 | 4,166 | 10,549 | 5,354 | ||
Total cost of revenue | 73,840 | 82,209 | 222,366 | 167,427 | ||
Gross profit | 23,195 | 28,623 | 72,382 | 62,330 | ||
Operating expenses: | ||||||
General and administrative | [1] | 13,015 | 22,138 | 44,331 | 64,783 | |
Sales and marketing | [1] | 15,433 | 14,448 | 51,222 | 32,909 | |
Research and development | [1] | 15,958 | 32,462 | 55,713 | 54,211 | |
Depreciation and amortization | 2,126 | 1,777 | 6,392 | 3,129 | ||
Restructuring charges | 72 | 4,070 | 3,908 | 9,136 | ||
Total operating expenses | 46,604 | 74,895 | 161,566 | 164,168 | ||
Operating loss | (23,409) | (46,272) | (89,184) | (101,838) | ||
Other income (expense): | ||||||
Interest expense | (1,604) | (1,546) | (4,882) | (4,434) | ||
Interest income | 304 | 140 | 853 | 200 | ||
Other income (expense), net | 705 | (1,005) | (649) | (2,864) | ||
Total other expense | (595) | (2,411) | (4,678) | (7,098) | ||
Loss before income taxes | (24,004) | (48,683) | (93,862) | (108,936) | ||
Income tax expense (benefit) | 487 | 440 | 1,264 | (18,943) | ||
Net loss | $ (24,491) | $ (49,123) | $ (95,126) | $ (89,993) | ||
Net loss per share: | ||||||
Basic (in dollars per share) | $ (0.11) | $ (0.22) | $ (0.43) | $ (0.53) | ||
Diluted (in dollars per share) | $ (0.11) | $ (0.22) | $ (0.43) | $ (0.53) | ||
Weighted-average shares used in per share calculation: | ||||||
Basic (in shares) | 223,657 | 220,194 | 223,011 | 169,166 | ||
Diluted (in shares) | 223,657 | 220,194 | 223,011 | 169,166 | ||
|
Consolidated Balance Sheets - USD ($) $ in Thousands | Sep. 30, 2023 | Dec. 31, 2022 | ||
---|---|---|---|---|
Current assets: | ||||
Cash and cash equivalents | $ 27,633 | $ 55,275 | ||
Marketable securities | 0 | 18,734 | ||
Accounts receivable, net | [1] | 66,746 | 84,627 | |
Income taxes receivable | 1,339 | 105 | ||
Prepaid expenses and other current assets | [1] | 33,682 | 36,374 | |
Total current assets | 129,400 | 195,115 | ||
Property and equipment, net | 70,170 | 73,467 | ||
Operating lease right of use assets | 4,614 | 5,290 | ||
Deferred income taxes | 2,759 | 2,338 | ||
Goodwill | 168,547 | 169,156 | ||
Intangible assets, net | 75,592 | 91,661 | ||
Other assets | [1] | 2,191 | 5,353 | |
Total assets | 453,273 | 542,380 | ||
Current liabilities: | ||||
Accounts payable | [1] | 78,252 | 52,776 | |
Deferred revenue | 8,972 | 9,286 | ||
Operating lease liability obligations | 2,769 | 4,557 | ||
Income taxes payable | 2,944 | 3,133 | ||
Financing obligations | 9,234 | 6,346 | ||
Other current liabilities | [1] | 49,877 | 76,160 | |
Total current liabilities | 152,048 | 152,258 | ||
Convertible senior notes, net | 123,292 | 122,631 | ||
Operating lease liability obligations, less current portion | 7,465 | 9,181 | ||
Deferred income taxes | 1,427 | 596 | ||
Deferred revenue, less current portion | 1,555 | 2,949 | ||
Financing obligations, less current portion | 13,030 | 13,784 | ||
Other long-term liabilities | 855 | 1,658 | ||
Total liabilities | 299,672 | 303,057 | ||
Commitments and contingencies | ||||
Stockholders’ equity: | ||||
Convertible preferred stock, $0.001 par value; 7,500 shares authorized; no shares issued and outstanding | 0 | 0 | ||
Common stock, $0.001 par value; 300,000 shares authorized; 225,533 and 222,232 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively | 226 | 222 | ||
Common stock contingent consideration | 16,300 | 16,300 | ||
Additional paid-in capital | 817,390 | 807,507 | ||
Accumulated other comprehensive loss | (12,148) | (11,665) | ||
Accumulated deficit | (668,167) | (573,041) | ||
Total stockholders’ equity | 153,601 | 239,323 | ||
Total liabilities and stockholders’ equity | $ 453,273 | $ 542,380 | ||
|
Mr. Robert A. Lyons | |
edg.io | |
Software - Infra | |
893 |