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  "documentTitle": "Edgio, Inc. (EGIO)",
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  "notes": "The slide uses a comparative valuation framework to argue for a significant upside in Edgio's stock price based on peer multiples.",
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      "text": "It is fair to say that Edgio should be valued at least 1x sales which would put the stock at $65 this year. If given the same multiple as Fastly, Edgio would be $200/share.",
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      "text": "It is fair to say that Edgio should be valued at least 1x sales which would put the stock at $65 this year. If given the same multiple as Fastly, Edgio would be $200/share.",
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      "kind": "source-note",
      "text": "(* 2M share dilution will be reported from Lynrock Lake's warrant issue in the delayed 2023 10-K.) (** < $2 million loss adjusted EBITDA basis MRQ",
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      "text": "Company, Ticker, Market Cap, Annual Revs, Annual Net Income, Price/Sales multiple; Akamai, AKAM, 16.6b, 3.8b, 547m, 4.37; Cloudflare, NET, 32.3b, 1.3b, -184m, 24.80; Fastly, FSLY, 1.7b, 506m, -133m, 3.36; Edgio, EGIO, 60m, 390m, -110m, 0.13",
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      "text": "P/S Sales comparison of Edge Computing players",
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