Edgio, Inc. (EGIO)
Edgio, Inc. operates in the Software - Infrastructure industry of the Technology sector, headquartered in Tempe, AZ, US. The stock last traded at $1.11, down 19.57% on the session, giving a market capitalisation of $6.5M. On trailing twelve-month figures it carries a trailing P/E of -1.48, a net margin of -40.3%. Its beta of 0.48 implies it has historically moved less than the broad market.
Edgio, Inc. provides advanced, edge-enabled software and services globally, spanning the Americas, Europe, the Middle East, Africa, and Asia Pacific. They achieve this through a comprehensive platform that integrates content delivery, application services, and streaming capabilities. At the core of their operations is an extensive private global network, which utilizes geographically distributed computing resources and maintains robust connections to last-mile broadband providers, ensuring rapid and efficient content delivery. The company specializes in both live and on-demand video streaming solutions, supported by sophisticated online video platforms designed for seamless integration and management of high-quality video content. Beyond video, Edgio's service portfolio includes localized edge computing, robust cloud security measures (safeguarding against malicious attacks and preventing unauthorized content access), and scalable cloud storage solutions. They also offer expert professional services and essential infrastructure components, such as network transit, hardware provision, and data center rack space. Edgio caters to a wide array of industries, serving clients in media, entertainment, gaming, technology and software development, enterprise-level businesses, and retail sectors. Originally founded in 2001 as Limelight Networks, Inc., the company officially rebranded to Edgio, Inc. in June 2022. Its corporate headquarters are situated in Tempe, Arizona.
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