Edgio, Inc. (EGIO)
| Market Cap | 2.33B |
| Revenue (ttm) | 379.92M |
| Net Income (ttm) | -153.43M |
| Shares Out | 234.21M |
| EPS (ttm) | -28.80 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 150,873 |
| Open | 11.12 |
| Previous Close | 10.95 |
| Day's Range | 9.66 - 11.37 |
| 52-Week Range | 6.67 - 44.00 |
| Beta | 0.42 |
| Analysts | Buy |
| Price Target | 25.67 (+158.51%) |
| Earnings Date | Nov 14, 2023 |
About 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 s... [Read more]
Financial Performance
In 2022, Edgio's revenue was $338.60 million, an increase of 68.36% compared to the previous year's $201.12 million. Losses were -$136.52 million, 123.2% more than in 2021.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for EGIO stock is "Buy." The 12-month stock price forecast is $25.67, which is an increase of 158.51% from the latest price.
News
Edgio Releases Client-Side Protection to Help Protect Users' Data Against Malicious Scripts
PHOENIX--(BUSINESS WIRE)--Edgio, the platform of choice for security, speed and simplicity at the edge, today announced the release of its Client-Side Protection solution. Designed to monitor scripts ...
EverPass selects Edgio to Elevate Streaming Delivery to Commercial Establishments
PHOENIX--(BUSINESS WIRE)--Edgio, a leading platform renowned for its exceptional performance in speed, security, and simplicity, is pleased to announce a significant multiyear agreement with EverPass ...
Edgio Enables Broader FAST Outreach with Brazil Broadcaster
PHOENIX--(BUSINESS WIRE)--Edgio is pleased to announce its collaboration with the Brazilian powerhouse BandNews TV through its Newco Pay TV. This partnership will expand the FAST channel outreach in t...
Edgio Receives Expected Notice from NASDAQ
PHOENIX--(BUSINESS WIRE)--Edgio, Inc. (Nasdaq: EGIO) (the “Company”), today announced that it received an expected notice (the “Notice”) on April 4, 2024 from The Nasdaq Stock Market LLC (“Nasdaq”) st...
Edgio Announces Preliminary Unaudited Fourth Quarter 2023 Financial Results
PHOENIX--(BUSINESS WIRE)--Edgio, Inc. (Nasdaq: EGIO) (the “Company”), today announced unaudited financial results for the three months ended December 31, 2023. Todd Hinders, CEO, said, “Customer focus...
ReachTV Chooses Edgio to Help Deliver and Monetize Streaming Content to Airports Across North America
PHOENIX--(BUSINESS WIRE)--Edgio, the platform of choice for speed, security, and simplicity at the edge, today announced that leading airport television network, ReachTV, has selected the company as t...
Edgio Announces Effectiveness of Reverse Stock Split
PHOENIX--(BUSINESS WIRE)--Edgio, Inc. (NASDAQ: EGIO) (the “Company”), the platform of choice for speed, scale, security, and simplicity at the edge, today announced that, on March 1, 2024, the Company...
Web Application Attacks Intensify in Fourth Quarter of 2023, According to New Edgio Quarterly Attack Trends Report
PHOENIX--(BUSINESS WIRE)--Edgio (NASDAQ: EGIO), the platform of choice for speed, security, and simplicity at the edge, found that web application attacks continued to increase and evolve in the fourt...
Edgio Partners with KPS to Support Online Retailers with Their Transition to Composable Web Architecture
PHOENIX & LONDON--(BUSINESS WIRE)--Edgio, the platform of choice for speed, security, and simplicity at the edge, today announced a partnership with KPS, the leading partner for customer-centric busin...
Edgio Inc. Announces Inducement Grant Under Nasdaq Listing Rule 5635(C)(4)
PHOENIX--(BUSINESS WIRE)--Edgio, Inc. (Nasdaq: EGIO) (“Edgio” or the “Company”), the platform of choice for speed, security, and simplicity at the edge, today announced that it has issued equity-based...
Edgio Names BDO as Independent Auditor
PHOENIX--(BUSINESS WIRE)--Edgio, Inc. (NASDAQ: EGIO), the platform of choice for speed, security, and simplicity at the edge, today announced that its board of directors has appointed BDO USA, P.C. as...
Edgio Promotes Todd Hinders to Chief Executive Officer
PHOENIX--(BUSINESS WIRE)--Edgio, Inc. (NASDAQ: EGIO) (the “Company”), the platform of choice for speed, security, and simplicity at the edge, today announced that Todd Hinders has been promoted to the...
SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Edgio, Inc. (NASDAQ: EGIO)
NEW YORK , Jan. 2, 2024 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Edgio, Inc. (NASDAQ: EGIO) on behalf of the company's shareholders. The investigation seeks to determ...
CORRECTING and REPLACING Edgio Inc. Announces Inducement Grant Under Nasdaq Listing Rule 5635(C)(4)
PHOENIX--(BUSINESS WIRE)--Please replace the release dated December 8, 2023, with the following corrected version due to revisions. The updated release reads: EDGIO INC. ANNOUNCES INDUCEMENT GRANT UND...
Secure Medical Chooses Edgio for Fast, Secure Delivery of Telehealth Services
PHOENIX--(BUSINESS WIRE)--Edgio, the platform of choice for speed, security, and simplicity at the edge, today announced that Secure Medical, a leading telehealth provider and parent company of eDrugs...
Edgio's Group Vice President of EMEA, Emma Whitmore, to Join the Digital TV Group (DTG) Council
PHOENIX, Ariz.--(BUSINESS WIRE)--Edgio, Inc. (Nasdaq: EGIO), the platform of choice for speed, security, and simplicity at the edge, today announced that Emma Whitmore, Group Vice President (GVP) of E...
Edgio Announces New Board of Directors
PHOENIX--(BUSINESS WIRE)--Edgio, Inc. (NASDAQ: EGIO) (the “Company”), the platform of choice for speed, security, and simplicity at the edge, today announced that it has reconstituted its Board of Dir...
Edgio Announces Availability of CMCD Reports
PHOENIX--(BUSINESS WIRE)--Edgio, the platform of choice for speed, security, and simplicity at the edge, today announced the availability of Common Media Client Data (CMCD) reports for its Delivery cl...
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Orienteed to Integrate Edgio into its Operation Platform to Enhance Commerce Stack Composable Capabilities
PHOENIX & CORUŇA GALICIA, Spain--(BUSINESS WIRE)--Orienteed a leading ecommerce development company specializing in scalable digital commerce solutions, today announced a partnership with Edgio, Inc. ...
Edgio Reports Third Quarter 2023 Results
PHOENIX--(BUSINESS WIRE)--Edgio, Inc. (Nasdaq: EGIO) (Edgio), the platform of choice for speed, security and simplicity at the edge, today reported financial results for the third quarter ended Septem...
Edgio, Inc. Announces New Capital Infusion to Drive Growth Strategies
PHOENIX--(BUSINESS WIRE)--Edgio, Inc. (NASDAQ: EGIO) (the “Company”), the platform of choice for speed, security, and simplicity at the edge, today announced that existing investor, Lynrock Lake Maste...
Edgio Partners with Wurl to Introduce FAST Syndication for Channels and Platforms
PHOENIX--(BUSINESS WIRE)--Edgio, the platform of choice for speed, security, and simplicity at the edge, today announced a partnership with Wurl, the leader in data-driven solutions for Connected TV (...
Edgio Announces Listing Transfer to Nasdaq Capital Market
PHOENIX--(BUSINESS WIRE)--Edgio, Inc. (NASDAQ: EGIO) (the “Company”), the platform of choice for speed, security, and simplicity at the edge, today announced that it has received approval from the Lis...
Edgio Introduces Enterprise Protect and Perform Bundles to Secure and Accelerate Applications with Predictable Cost
PHOENIX--(BUSINESS WIRE)--Edgio (NASDAQ:EGIO), the platform of choice for speed, security, and simplicity at the edge, today announced the availability of its enterprise-level Protect and Perform Appl...