Edgio, Inc. Reports Net Loss of $136.5 Million in 2022 Consolidated Financial Results
Edgio, Inc. Achieves Revenue of $338.6 Million in 2022 Despite Challenging Market Conditions
By USInMinutes
Published - Jul 21, 2023, 01:53 PM ET
Last Updated - Jul 21, 2023, 01:54 PM EDT
Edgio, Inc.(EGIO), a leading technolog y company, has released its consolidated financial results for the year ended December 31, 2022. The company faced a challenging economic environment but managed to achieve significant revenue despite the obstacles. However, it also reported a net loss for the year.
Net Income/Loss
In 2022, Edgio, Inc. reported a net loss of $136.5 million. This represents a significant decrease compared to the previous year's net loss of $61.2 million.
Revenue