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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.

Edgio, Inc. (NASDAQ: EGIO) is a pioneering edge-enabled software solutions provider, delivering secure and unparalleled digital experiences. The company's comprehensive platform seamlessly integrates delivery, applications, and streaming functionalities, catering to a diverse clientele across various industries.

With a primary focus on enhancing digital content delivery, Edgio's solutions empower organizations to engage with their audiences effectively, irrespective of the device or location. The company operates through three significant geographical segments: the Americas, EMEA (Europe, Middle East, and Africa), and Asia Pacific, with the majority of its revenue generated from the Americas region.

Edgio's commitment to innovation is evident in its award-winning Limelight Orchestrate™ platform, which offers a suite of integrated content delivery technologies and services. This platform enables businesses to deliver high-quality multi-screen experiences, bolster brand visibility, drive revenue growth, and strengthen customer relationships, all while optimizing costs.

Recent achievements include strategic partnerships and collaborations that have expanded Edgio’s market reach and enhanced its technological capabilities. The company continuously invests in research and development to stay ahead in the rapidly evolving digital landscape, ensuring that its solutions meet the highest standards of security, performance, and reliability.

For more information about Edgio, Inc., its latest news, and developments, visit their official website or follow them on their social media platforms.

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.

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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.

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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Edgio, Inc. (NASDAQ: EGIO) announces a one-for-forty reverse stock split effective March 1, 2024. The split will convert every forty shares into one share without impacting equity or voting rights. Stockholders will receive instructions for the exchange process.
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FAQ

What is the current stock price of Edgio (EGIO)?

The current stock price of Edgio (EGIO) is $1.11 as of September 18, 2024.

What is the market cap of Edgio (EGIO)?

The market cap of Edgio (EGIO) is approximately 6.5M.

What does Edgio, Inc. specialize in?

Edgio, Inc. specializes in edge-enabled software solutions for secure and unmatched digital experiences, integrating delivery, applications, and streaming.

Which regions contribute the most to Edgio's revenue?

The Americas region contributes the majority of Edgio's revenue.

What is the Limelight Orchestrate™ platform?

It's an award-winning platform that offers a suite of integrated content delivery technologies and services for exceptional multi-screen experiences.

How does Edgio help organizations?

Edgio helps organizations by enabling them to optimize and deliver digital content effectively, improving brand awareness, driving revenue, and enhancing customer relationships.

Where can I find more information about Edgio, Inc.?

For more information, visit Edgio's official website or follow them on their social media platforms.

What are Edgio's key geographical segments?

Edgio's key geographical segments are the Americas, EMEA (Europe, Middle East, and Africa), and Asia Pacific.

Does Edgio invest in research and development?

Yes, Edgio continuously invests in research and development to maintain high standards of security, performance, and reliability in its solutions.

What industries does Edgio serve?

Edgio serves a diverse range of industries by providing integrated digital content delivery, applications, and streaming solutions.

What recent achievements has Edgio made?

Edgio has made significant advancements through strategic partnerships and technological enhancements, expanding its market reach and capabilities.

How does Edgio's platform benefit businesses?

Edgio's platform helps businesses deliver high-quality multi-screen experiences, optimize costs, and strengthen customer engagement.

Edgio, Inc.

Nasdaq:EGIO

EGIO Rankings

EGIO Stock Data

6.50M
5.86M
3.74%
41.06%
5.49%
Software - Infrastructure
Services-business Services, Nec
Link
United States of America
PHOENIX