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Edgio, Inc. - $EGIO STOCK NEWS

Welcome to our dedicated page for Edgio news (Ticker: $EGIO), a resource for investors and traders seeking the latest updates and insights on Edgio stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Edgio's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Edgio's position in the market.

Rhea-AI Summary

Edgio has been honored with the Web Application Security award from Cyber Defense Magazine, highlighting the importance of managing threat exposure in web applications. The company continues to innovate with the launch of Attack Surface Management (ASM) and Client-Side Protection solutions, positioning itself as a leader in continuous web application threat management.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.44%
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Rhea-AI Summary

Edgio has launched an Attack Surface Management (ASM) solution to help organizations mitigate web application vulnerabilities by continuously discovering web assets, identifying security exposures, and managing remediation. The ASM, combined with Edgio's web security solutions, offers the industry's first edge-enabled continuous web application threat management service. The need for such solutions is evident from reports showing that 60% of data breaches are due to web applications, with an average breach cost of $4.45 million. Edgio ASM enables organizations to track and manage security issues, detect vulnerabilities, and respond effectively, reducing mean-time-to-detection and response.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.93%
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none
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Rhea-AI Summary

Edgio, a global streaming media technology leader, has been selected by Tabletop Tactics to handle their video workflows, content delivery, and reporting analytics. Tabletop Tactics, a UK-based YouTube channel with over 200,000 subscribers, produces premium tabletop game shows. They chose Edgio for its global presence and high-performing content delivery network. The partnership includes Edgio's Uplynk platform, enabling seamless content delivery and detailed session analytics.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.29%
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Rhea-AI Summary
Edgio releases Client-Side Protection to help protect users' data against malicious scripts. The solution empowers security teams to monitor scripts and APIs on webpages, preventing data exfiltration and supporting PCI DSS v4.0 compliance requirements. With Magecart attacks on the rise, organizations can proactively secure customer data and streamline compliance workflows. Edgio's unique solution offers continuous dual execution mode for testing and enforcing security policies without impairing functionality.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.27%
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Rhea-AI Summary
Sinclair (SBGI) launches 'Broadspan' datacasting platform in collaboration with Edgio for efficient data distribution using ATSC 3.0 technology. The platform offers broadcasters new business opportunities and enhanced data distribution capabilities across various devices. Edgio will deliver a true 4K experience to viewers by offloading video and audio data from the internet, improving user experience and increasing bitrates. Broadspan aims to revolutionize data delivery and create cost-effective solutions for customers and broadcasters.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.7%
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Rhea-AI Summary
Edgio announces a significant multiyear partnership with EverPass Media, aiming to revolutionize the delivery of live sports content in commercial establishments nationwide. EverPass, a joint venture between RedBird Capital Partners and 32 Equity, is a key player in out-of-home sports viewership. The collaboration focuses on leveraging advanced technology to enhance community engagement and consumer experience. Edgio will provide improved acquisition, live event management, and syndication services through Uplynk, marking a milestone in sports entertainment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
30.22%
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none
Rhea-AI Summary
Edgio collaborates with BandNews TV through Newco Pay TV to expand FAST channel outreach in Brazil. Newco partners with Youcast! to enhance services in Brazil and beyond, aiming to tap into the growing FAST market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.23%
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Rhea-AI Summary
Edgio, Inc. (Nasdaq: EGIO) received a notice from Nasdaq regarding non-compliance with the listing requirements due to the delayed filing of its Annual Report. The company is working to regain compliance within the specified timeline.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.12%
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Rhea-AI Summary
Edgio, Inc. (EGIO) expects Q4 2023 revenue of $93-$95 million with a cash balance of $47 million. The company's focus on innovation and fiscal discipline drives sustained shareholder value creation. Despite a delayed annual report due to a change in auditors, Edgio showcases strong financial and operational performance, including significant cost savings and new client wins.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.25%
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Rhea-AI Summary
Edgio selected as media streaming platform by ReachTV for live event support and content monetization. Edgio's Uplynk platform and managed services enable efficient live and on-demand streaming, revenue enhancement, and industry-standard workflows. ReachTV benefits from Edgio's vast industry connections, SmartPlay technology, and server-side ad insertion capabilities for effective content monetization.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.54%
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Edgio, Inc.

Nasdaq:EGIO

EGIO Rankings

EGIO Stock Data

53.11M
3.28M
3.72%
46.93%
4.83%
Software Publishers
Information
Link
United States of America
PHOENIX

About EGIO

limelight networks (nasdaq: llnw), a global leader in digital content delivery, empowers customers to better engage digital audiences by enabling them to optimize and deliver digital content on any device, anywhere in the world. the company's award winning limelight orchestrate™ platform includes an integrated suite of content delivery technology and services that helps organizations deliver exceptional multi-screen experiences, improve brand awareness, drive revenue, and enhance customer relationships — all while reducing costs. for more information, please visit www.limelight.com, read our blog, follow us on twitter® at www.twitter.com/llnw, facebook www.facebook.com/limelightnetworks and be sure to visit limelight connect.