Limelight Networks, Inc. ( NASDAQ:LLNW ) announced a surge in its profit for
the fourth quarter of 2010. The company reported that the revenue for the
quarter was up 64 percent from the fourth quarter of 2009 and up 11 percent
sequentially. The net loss was $6.3 million, or 6 cents per basic share. For the
full year of 2010, the company reported revenue of $183.3 million as compared to
$131.7 million in 2009. The net loss was $20.4 million, or 22 cents per basic
share. The company expects first quarter revenue to be in the range of $48.0
$49.5 million and full year revenue to increase 15 to 20% over 2010 reported
revenue. Limelight Networks stock is currently trading at $8.32. The stock is up
28.48 percent from its previous close. Limelight Networks shares touched the
high of $8.50 and lowest price in today's session is $8.01. The company
stock's beta is 0.98. The company stock traded in the range of $3.51 and $8.97
during the past 52 weeks. The company's market cap is $816.23 million. Sirius
XM Radio Inc. ( NASDAQ:SIRI ) reported fourth quarter net loss as compared to
profit for last year. The company reported net loss of $81.44 million as
compared to a profit of $11.78 million last year. The company reported loss for
the quarter was $0.02 per share as compared to breakeven per share a year ago.
The revenue for the three months was up to $735.90 million from $676.17 million
in the previous year. The net subscriber additions in the quarter were 328,789
as compared to net subscriber additions of 257,028 in the fourth quarter of
previous year. The average self-pay monthly customer churn was 1.9% in the
quarter as compared with 2.0% a year earlier. The company expects full-year
revenues of around $3 billion. Sirius XM Radio stock is currently trading at
$1.73. The stock is down 5.38 percent from its previous close. Sirius XM Radio
shares stock touched the high of $1.76 and lowest price in today's session is
$1.65. The company stock's beta is 1.95. The company stock traded in the range
of $1.88 and $0.79 during the past 52 weeks. The company's market cap is $6.81
billion. Integrated Device Technology, Inc. ( NASDAQ:IDTI ) posted a profit for
the third quarter, as compared to a loss last year, reflecting a growth in
revenues. The net income for the third quarter was $10.60 million or $0.07 per
share as compared to net loss of $7.37 million or $0.04 per share in the same
quarter last year. The revenue for the third quarter increased 8 percent to
$153.23 million from $142.48 million in the same period last year. The third
quarter gross margin, or gross profit as a percentage of sales, increased to
53.9 percent from 41.9 percent last year. Integrated Device Technology stock is
currently trading at $7.75. The stock is down 0.77 percent from its previous
close. Integrated Device Technology shares stock touched the high of $7.85 and
lowest price in today's session is $7.75. The company stock's beta is 1.42.
The company stock traded in the range of $4.82 and $8.02 during the past 52
weeks. The company's market cap is $1.18 billion. This corporate profile is
provided for information purposes only and should not be used as the basis for
any investment decision. We are neither licensed nor qualified to provide
investment advice. We were not paid, nor do we hold a position in these stocks.
We reserve the right to buy or sell any stock mentioned in this report at any
time after this post.
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