Edgio, Inc. (EGIO) Misses Q3 EPS by 15c; Offers Q4 Revenue Guidance

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Go back to Edgio, Inc. (EGIO) Misses Q3 EPS by 15c; Offers Q4 Revenue Guidance

Edgio Reports Third Quarter 2022 Financial Results

November 9, 2022 4:01 PM EST

Third quarter revenue of $121.2 million, up 119% year over year

GAAP Gross margin of 30.5%, increased 180 basis points year over year

Record Applications bookings with momentum continuing into 4Q22

Pipeline growth of 75% since the beginning of the year

Capital expenditure of $2.2 million or 1.8% of revenue, a six-year low

PHOENIX--(BUSINESS WIRE)-- Edgio, Inc. (Nasdaq:... More