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EGIO

EGIO - Edgio Inc Stock Price, Fair Value and News

10.95USD+0.03 (+0.27%)Market Closed

Market Summary

EGIO
USD10.95+0.03
Market Closed
0.27%

EGIO Stock Price

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EGIO RSI Chart

EGIO Valuation

Market Cap

61.7M

Price/Earnings (Trailing)

-0.63

Price/Sales (Trailing)

0.22

EV/EBITDA

-1.66

Price/Free Cashflow

-1.77

EGIO Price/Sales (Trailing)

EGIO Profitability

Operating Margin

30.73%

EBT Margin

-35.31%

Return on Equity

-92.22%

Return on Assets

-31.25%

Free Cashflow Yield

-56.62%

EGIO Fundamentals

EGIO Revenue

Revenue (TTM)

403.6M

Rev. Growth (Yr)

-12.45%

Rev. Growth (Qtr)

1.33%

EGIO Earnings

Earnings (TTM)

-141.7M

Earnings Growth (Yr)

50.14%

Earnings Growth (Qtr)

31.31%

Breaking Down EGIO Revenue

Last 7 days

-5.2%

Last 30 days

19.4%

Last 90 days

11.3%

Trailing 12 Months

-55.1%

How does EGIO drawdown profile look like?

EGIO Financial Health

Current Ratio

0.85

Debt/Equity

0.8

Debt/Cashflow

-0.32

EGIO Investor Care

Shares Dilution (1Y)

1.79%

Diluted EPS (TTM)

-26.4

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023385.2M417.4M403.6M0
2022206.8M224.1M286.9M338.6M
2021222.8M210.6M199.3M201.1M
2020214.4M227.0M234.9M230.2M
2019186.8M182.5M184.5M200.6M
2018191.7M196.6M199.9M195.7M
2017171.5M173.4M180.0M184.4M
2016170.0M169.8M167.2M168.2M
2015163.4M165.9M168.9M170.9M
2014168.8M167.4M163.7M162.3M
2013181.7M180.0M177.7M173.4M
2012174.2M177.1M179.7M180.2M
2011166.6M165.9M168.3M171.3M
20100139.2M146.7M154.2M
2009000131.7M
GRUFITY'S FAIR VALUE MODEL

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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>

PurpleZone


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.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
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Tracking the Latest Insider Buys and Sells of Edgio Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Which funds bought or sold EGIO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 24, 2024
Cambridge Investment Research Advisors, Inc.
sold off
-100
-5,000
-
-%
Apr 22, 2024
RAYMOND JAMES & ASSOCIATES
new
-
125,933
125,933
-%
Apr 22, 2024
RAYMOND JAMES & ASSOCIATES
sold off
-100
-146,850
-
-%
Apr 22, 2024
Raymond James Financial Services Advisors, Inc.
sold off
-100
-32,825
-
-%
Apr 19, 2024
Cutler Group LLC / CA
sold off
-100
-
-
-%
Apr 19, 2024
Willis Johnson & Associates, Inc.
sold off
-100
-4,436
-
-%
Apr 18, 2024
Penbrook Management LLC
sold off
-100
-139,781
-
-%
Apr 17, 2024
Cedar Brook Financial Partners, LLC
sold off
-100
-23,751
-
-%
Apr 15, 2024
L. Roy Papp & Associates, LLP
sold off
-100
-14,637
-
-%
Mar 27, 2024
NOMURA HOLDINGS INC
reduced
-0.33
-169,159
113,062
-%

1–10 of 43

Are Funds Buying or Selling EGIO?

Are funds buying EGIO calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own EGIO
No. of Funds

Unveiling Edgio Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 28, 2024
apollo management holdings gp, llc
34.2%
79,733,571
SC 13D/A
Nov 16, 2023
apollo management holdings gp, llc
35.8%
80,812,429
SC 13D/A

Recent SEC filings of Edgio Inc

View All Filings
Date Filed Form Type Document
Apr 24, 2024
4/A
Insider Trading
Apr 24, 2024
4/A
Insider Trading
Apr 05, 2024
8-K
Current Report
Mar 18, 2024
NT 10-K
NT 10-K
Mar 15, 2024
8-K
Current Report
Mar 14, 2024
4
Insider Trading
Mar 14, 2024
4/A
Insider Trading
Mar 07, 2024
8-K
Current Report
Mar 06, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading

Peers (Alternatives to Edgio Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
3.0T
236.6B
-5.25% 35.26%
34.42
12.54
13.97% 24.86%
212.2B
19.9B
-6.69% 30.46%
44.2
10.64
10.76% 1.35%
71.1B
3.1B
-9.73% 140.01%
795.84
23.27
36.33% 148.75%
44.3B
21.9B
-13.13% 20.19%
6.5K
2.02
25.01% 101.26%
15.4B
3.8B
-5.78% 29.33%
28.16
4.05
5.40% 4.57%
10.7B
2.8B
-2.72% 39.21%
23.21
3.81
3.55% 53.13%
MID-CAP
6.7B
612.7M
-2.27% 20.86%
-751.06
10.94
7.07% 79.45%
6.4B
583.1M
21.47% 19.39%
-33.36
10.91
22.54% 30.49%
3.5B
1.5B
2.25% 35.99%
28.7
2.4
2.16% -14.54%
2.6B
545.4M
-4.16% 1.12%
-23.75
4.85
16.53% 26.16%
SMALL-CAP
1.4B
1.2B
-4.25% -5.66%
20.71
1.21
7.30% 93.18%
1.0B
251.7M
0.44% -4.23%
25.31
4.02
-10.22% -14.79%
455.4M
601.1M
-0.39% 45.07%
-27.86
0.76
4.88% -183.51%
19.8M
7.0M
3.04% -50.94%
-2.3
2.91
-55.73% -45.27%
13.6M
15.6M
24.30% 49.44%
-1.37
0.88
-6.37% -5256.07%

Edgio Inc News

Latest updates
Benzinga • 16 Apr 2024 • 07:00 am
Business Wire • 27 Feb 2024 • 08:00 am
Investing.com • 27 Feb 2024 • 08:00 am

Edgio Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue1.3%97,035,00095,765,000101,948,000108,841,000110,832,00063,586,00055,339,00057,178,00047,994,00046,285,00049,658,00055,394,00059,243,00058,546,00057,012,00060,129,00051,321,00045,904,00043,280,00043,992,00049,315,000
Cost Of Revenue4.7%73,840,00070,530,00070,963,00064,225,00082,209,00045,509,00038,521,00036,752,00036,008,00036,908,00037,124,00035,194,50037,507,00034,749,00036,263,00033,873,00030,563,00027,397,00027,258,00026,081,00025,280,000
Gross Profit-8.1%23,195,00025,235,00030,985,00044,616,00028,623,00018,077,00016,818,00020,426,00011,986,0009,377,00012,534,00016,823,00021,736,00023,797,00020,749,00026,255,00020,758,00018,507,00016,022,00017,910,00024,035,000
Operating Expenses-20.2%46,604,00058,414,00063,581,00090,614,50074,895,00055,693,00034,767,00026,240,00024,224,00021,190,00036,286,00022,738,00024,016,00025,011,00025,735,00023,740,00023,401,00025,474,00024,653,00023,224,00024,115,000
  S&GA Expenses-4.5%15,433,00016,167,00019,622,00015,894,00014,448,00010,834,0007,627,0008,341,0005,987,0005,784,0009,848,0009,666,00010,456,00010,929,00011,894,00010,399,00010,713,00010,994,00010,972,0009,485,0009,766,000
  R&D Expenses-14.8%15,958,00018,739,00021,016,00029,441,50032,462,00012,171,0009,577,0005,149,0005,205,0005,187,0006,128,0005,065,5005,425,0005,572,0005,618,0005,459,5005,160,0006,013,0005,901,0005,781,0005,882,000
EBITDA Margin15.6%-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%1,604,0001,701,0001,577,0001,659,5001,546,0001,458,0001,431,0001,432,0001,345,0001,338,0001,308,0002,204,5001,674,00071,00010,00046,00010,00010,00010,00010,00010,000
Income Taxes28.5%487,000379,000398,000-2,137,000440,000-19,589,000206,000436,000211,000248,000260,000267,50066,000136,000176,000205,500166,000255,000124,000191,000113,000
Earnings Before Taxes31.9%-24,004,000-35,273,000-34,585,000-48,663,000-48,683,000-40,187,000-20,066,000-7,458,000-13,775,000-13,549,000-25,229,000-10,891,000-3,919,000-1,591,000-5,081,0002,663,500-2,585,000-6,937,000-8,435,000-5,002,500-159,000
EBT Margin11.8%-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 Income31.3%-24,491,000-35,652,000-34,983,000-46,526,000-49,123,000-20,598,000-20,272,000-7,894,000-13,986,000-13,797,000-25,489,000-8,309,000-3,985,000-1,727,000-5,257,0002,458,000-2,751,000-7,192,000-8,559,000-5,193,000-272,000
Net Income Margin11.9%-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%-13,023,000-12,852,000-27,861,0002,818,000-10,751,000-15,848,000-23,432,000-792,000-12,398,000-570,000-7,214,000-4,585,000479,000--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets-3.6%453470506542571583311314319296303315324221213209208191199199205
  Current Assets-5.3%12913716819521021313013113215715916918074.0067.0063.0063.0069.0081.0091.0097.00
    Cash Equivalents-23.6%28.0036.0033.0055.0059.0055.0027.0042.0040.0044.0036.0047.0075.0018.0021.0018.0015.0025.0016.0025.0029.00
  Net PPE-4.7%70.0074.0073.0073.0010611741.0041.0042.0046.0050.0049.0047.0049.0047.0046.0046.0036.0033.0027.0027.00
  Goodwill-0.1%16916916916917116311311510578.0077.0078.0077.0077.0077.0077.0077.0077.0077.0076.0077.00
Liabilities1.8%30029429830329426118718218417016814314651.0049.0043.0050.0035.0039.0034.0038.00
  Current Liabilities4.9%15214515015214311145.0042.0046.0036.0034.0029.0034.0038.0035.0029.0037.0033.0037.0033.0037.00
  Long Term Debt0.2%123123123123122122122122122121121101100--------
    LT Debt, Non Current0.2%123123123123122122122122122121121101100--------
Shareholder's Equity-12.7%154176209239277322125132134128136172178170164166158157160165167
  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 Capital0.4%817814812808801794590577571550546557553541534530525520516514510
Shares Outstanding1.0%6.006.006.006.006.004.003.003.003.003.003.003.003.00--------
Float------498---393---861---302---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations13.5%-10,687-12,356-24,0738,147-4,3952,145-17,5695,071-7,7333,3803687777,6592,3409,5768,503-1,9081,114-5,9632,91511,692
  Share Based Compensation9.8%3,6873,3595,2007,9378,3537,2917,0124,0035,3289178,5623,4791,9235,2515,0643,3153,3583,6493,4565,4853,421
Cashflow From Investing-115.4%-2,30314,970-268-12,5024,39924,453-3,778-7,3133,3371,438-12,559-33,153-56,969-8,085-6,863-7,269-6,7456,477-2,031-6,783-11,308
Cashflow From Financing1366.8%4,8993341,441-5365,1552,6656,9674,6491113,6771,2703,792105,9602,5246232,211-1,002476-886389-259
  Buy Backs----------------------

EGIO Income Statement

2023-09-30
Unaudited Consolidated Statements of Operation - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 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]66,35967,140200,454138,531
Depreciation — network3,96510,90311,36323,542
Amortization — technology3,5164,16610,5495,354
Total cost of revenue73,84082,209222,366167,427
Gross profit23,19528,62372,38262,330
Operating expenses:    
General and administrative[1]13,01522,13844,33164,783
Sales and marketing[1]15,43314,44851,22232,909
Research and development[1]15,95832,46255,71354,211
Depreciation and amortization2,1261,7776,3923,129
Restructuring charges724,0703,9089,136
Total operating expenses46,60474,895161,566164,168
Operating loss(23,409)(46,272)(89,184)(101,838)
Other income (expense):    
Interest expense(1,604)(1,546)(4,882)(4,434)
Interest income304140853200
Other income (expense), net705(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)4874401,264(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)223,657220,194223,011169,166
Diluted (in shares)223,657220,194223,011169,166
[1]Includes revenue and costs from related parties. See Note 20 for further details.

EGIO Balance Sheet

2023-09-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 27,633$ 55,275
Marketable securities018,734
Accounts receivable, net[1]66,74684,627
Income taxes receivable1,339105
Prepaid expenses and other current assets[1]33,68236,374
Total current assets129,400195,115
Property and equipment, net70,17073,467
Operating lease right of use assets4,6145,290
Deferred income taxes2,7592,338
Goodwill168,547169,156
Intangible assets, net75,59291,661
Other assets[1]2,1915,353
Total assets453,273542,380
Current liabilities:  
Accounts payable[1]78,25252,776
Deferred revenue8,9729,286
Operating lease liability obligations2,7694,557
Income taxes payable2,9443,133
Financing obligations9,2346,346
Other current liabilities[1]49,87776,160
Total current liabilities152,048152,258
Convertible senior notes, net123,292122,631
Operating lease liability obligations, less current portion7,4659,181
Deferred income taxes1,427596
Deferred revenue, less current portion1,5552,949
Financing obligations, less current portion13,03013,784
Other long-term liabilities8551,658
Total liabilities299,672303,057
Commitments and contingencies
Stockholders’ equity:  
Convertible preferred stock, $0.001 par value; 7,500 shares authorized; no shares issued and outstanding00
Common stock, $0.001 par value; 300,000 shares authorized; 225,533 and 222,232 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively226222
Common stock contingent consideration16,30016,300
Additional paid-in capital817,390807,507
Accumulated other comprehensive loss(12,148)(11,665)
Accumulated deficit(668,167)(573,041)
Total stockholders’ equity153,601239,323
Total liabilities and stockholders’ equity$ 453,273$ 542,380
[1]Includes amounts due to/from related parties. See Notes 6, 9, and 20 for further details.
EGIO
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.
 CEO
 WEBSITEedg.io
 INDUSTRYSoftware - Infra
 EMPLOYEES893

Edgio Inc Frequently Asked Questions


What is the ticker symbol for Edgio Inc? What does EGIO stand for in stocks?

EGIO is the stock ticker symbol of Edgio Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Edgio Inc (EGIO)?

As of Thu Apr 25 2024, market cap of Edgio Inc is 62.76 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of EGIO stock?

You can check EGIO's fair value in chart for subscribers.

What is the fair value of EGIO stock?

You can check EGIO's fair value in chart for subscribers. The fair value of Edgio Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Edgio Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for EGIO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Edgio Inc a good stock to buy?

The fair value guage provides a quick view whether EGIO is over valued or under valued. Whether Edgio Inc is cheap or expensive depends on the assumptions which impact Edgio Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for EGIO.

What is Edgio Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, EGIO's PE ratio (Price to Earnings) is -0.63 and Price to Sales (PS) ratio is 0.22. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. EGIO PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Edgio Inc's stock?

In the past 10 years, Edgio Inc has provided -0.181 (multiply by 100 for percentage) rate of return.