Edgio, Inc. (EGIO)

NASDAQ: EGIO · IEX Real-Time Price · USD
0.774
+0.019 (2.49%)
Mar 31, 2023, 10:51 AM EDT - Market open
2.49%
Market Cap 170.73M
Revenue (ttm) 316.31M
Net Income (ttm) -83.65M
Shares Out 221.58M
EPS (ttm) -0.48
PE Ratio n/a
Forward PE 59.88
Dividend n/a
Ex-Dividend Date n/a
Volume 103,637
Open 0.755
Previous Close 0.755
Day's Range 0.750 - 0.780
52-Week Range 0.700 - 5.550
Beta 0.97
Analysts Buy
Price Target 2.89 (+273.53%)
Earnings Date Apr 26, 2023

About EGIO

Edgio, Inc. provides edge-enabled software solutions through an integrated delivery, applications, and streaming platform 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 online video platforms that integrates and manages advanced video delivery. It also offers edge computing services; cloud security services t... [Read more]

Sector Technology
IPO Date Jun 8, 2007
Employees 1,256
Stock Exchange NASDAQ
Ticker Symbol EGIO
Full Company Profile

Financial Performance

In 2021, Edgio's revenue was $217.63 million, a decrease of -5.46% compared to the previous year's $230.19 million. Losses were -$54.76 million, 184.1% more than in 2020.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for EGIO stock is "Buy." The 12-month stock price forecast is $2.89, which is an increase of 273.53% from the latest price.

Price Target
$2.89
(273.53% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Edgio, Inc. Receives Expected Notice from NASDAQ

PHOENIX--(BUSINESS WIRE)--Edgio, Inc.

3 days ago - Business Wire

ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Edgio, Inc. Investors with Losses in Excess of $100K to Inquire About Securities Class Action Investigation - EGIO

NEW YORK , March 25, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Edgio, Inc. (NYSE: E...

5 days ago - PRNewsWire

EGIO INVESTOR ALERT: ROSEN, LEADING INVESTOR COUNSEL, Encourages Edgio, Inc. Investors to Inquire About Securities Class Action Investigation - EGIO

NEW YORK , March 17, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces that it is investigating potential securities claims on behalf of shareholders of Edgio, Inc...

1 week ago - PRNewsWire

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Edgio, Inc. and Encourages Investors with Losses In Excess of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / March 16, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Edgio, Inc. ("Ed...

2 weeks ago - Accesswire

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Investigation of Edgio, Inc. (EGIO) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, continues its investigation on behalf of Edgio, Inc. (“Edgio” or the “Company”) (NASD...

2 weeks ago - Business Wire

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Edgio, Inc. (EGIO) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith continues its investigation on behalf of Edgio, Inc. (“Edgio” or the “Company”) (NASDAQ: EGIO) investors concerning the Company's possibl...

2 weeks ago - Business Wire

EDGIO ALERT: Bragar Eagel & Squire, P.C. is Investigating Edgio, Inc. on Behalf of Edgio Stockholders and Encourages Investors to Contact the Firm

NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Edgio, Inc. (“Edgio” or the “Company”) (NASD...

2 weeks ago - Business Wire

The Law Offices of Frank R. Cruz Continues Investigation of Edgio, Inc. (EGIO) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation of Edgio, Inc. (“Edgio” or the “Company”) (NASDAQ: EGIO) on behalf of investors concerning the Company's poss...

2 weeks ago - Business Wire

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Edgio, Inc. and Encourages Investors with Losses In Excess of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / March 15, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Edgio, Inc. ("Ed...

2 weeks ago - Accesswire

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Edgio, Inc. (EGIO) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Edgio, Inc. (“Edg...

2 weeks ago - Business Wire

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Edgio, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)---- $EGIO #EGIO--The Schall Law Firm Announces it is Investigating Claims Against Edgio, Inc.

2 weeks ago - Business Wire

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Edgio, Inc. (EGIO) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Edgio, Inc. (“Edgio” or the “Company”) (NASDAQ: EGIO) investors concerning the Company's possible...

2 weeks ago - Business Wire

EQUITY ALERT: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Edgio, Inc. Investors to Inquire About Securities Class Action Investigation – EGIO

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces that it is investigating potential securities claims on behalf of shareholders of Edgio, Inc. (NYSE: EGIO) ...

2 weeks ago - Business Wire

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Edgio, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)---- $EGIO #EGIO--The Schall Law Firm Announces it is Investigating Claims Against Edgio, Inc.

2 weeks ago - Business Wire

Edgio Discloses Non-Cash Restatement of Certain Previously Issued Financials Related to Open Edge Solution; Announces Preliminary Q4 2022 Results

PHOENIX--(BUSINESS WIRE)--Edgio, Inc. (Nasdaq: EGIO) (the “Company”), today announced that it will restate its previously issued financial statements for the years ended December 31, 2021 and 2020, as...

2 weeks ago - Business Wire

Silicon Valley Bank signed exclusive banking deals with some clients, leaving them unable to diversify

Silicon Valley Bank required some clients to agree to exclusivity clauses, disabling them from diversifying where they held their money, SEC records show.

Other symbols: DOCUDXCMSIVBSPTUPST
2 weeks ago - CNBC

Edgio Strengthens Edge Security with DDoS Scrubbing and Enhanced Web Application and API Protection (WAAP) Capabilities

PHOENIX--(BUSINESS WIRE)--Edgio, Inc. (Nasdaq: EGIO), the platform of choice for speed, security and simplicity at the edge, today announced significant enhancements to its Security platform enabling ...

1 month ago - Business Wire

Edgio Sponsors OWASP ModSecurity CRS to Further Advance Application Security Development

PHOENIX--(BUSINESS WIRE)--Edgio, Inc. (Nasdaq: EGIO), the platform of choice for speed, security and simplicity at the edge, today announced that it is now a Gold Sponsor of the Open Web Application...

2 months ago - Business Wire

Edgio to Present at Upcoming Investor Conferences

PHOENIX--(BUSINESS WIRE)--Edgio, Inc. (Nasdaq: EGIO), the platform of choice to power unmatched speed, security and simplicity at the edge, today announced participation at the following investor co...

5 months ago - Business Wire

Edgio (EGIO) Reports Q3 Loss, Lags Revenue Estimates

Edgio (EGIO) delivered earnings and revenue surprises of -100% and 0.79%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Edgio Reports Third Quarter 2022 Financial Results

PHOENIX--(BUSINESS WIRE)--Edgio Reports Third Quarter 2022 Financial Results Third quarter revenue of $121.2 million, up 119% year over year

5 months ago - Business Wire

REVISED DATE: Edgio to Report Third Quarter 2022 Financial Results on November 9, 2022

PHOENIX--(BUSINESS WIRE)--Edgio, Inc. (Nasdaq: EGIO), the platform of choice to power unmatched speed, security and simplicity at the edge, will report financial results for the third quarter 2022 on ...

5 months ago - Business Wire

Edgio to Report Third Quarter 2022 Financial Results on November 8, 2022

PHOENIX--(BUSINESS WIRE)--Edgio, Inc. (Nasdaq: EGIO), the platform of choice to power unmatched speed, security and simplicity at the edge, will report financial results for the third quarter 2022 on ...

6 months ago - Business Wire

Edgio Completes Week By Setting All-Time Traffic Record

TEMPE, Ariz.--(BUSINESS WIRE)--Edgio, Inc. (Nasdaq: EGIO), the platform of choice to power unmatched speed, security and simplicity at the edge, announced today the completion of its most successful w...

6 months ago - Business Wire

Edgio Appoints Three New Board Members

TEMPE, Ariz.--(BUSINESS WIRE)--Edgio, Inc. (Nasdaq: EGIO), the platform of choice to power unmatched speed, security and simplicity at the edge, today announced the appointment of new board members. J...

7 months ago - Business Wire