Categories Earnings, LATEST, Technology

Limelight Networks (LLNW) Q3 2019 Earnings Snapshot

— Limelight Networks, Inc. (NASDAQ: LLNW) reported 3Q19 adjusted earnings of $0.01 per share, in line with expectations, representing a 66% year-over-year decrease.

— Total revenues grew 4% to $51.3 million, vs. $49.89 million expected

— Unadjusted loss of $0.02 per share, compared to break-even last year

— Expects FY19 revenues between $200 million and $210 million

— Forecasts full-year unadjusted loss of $0.10 per share

— Limelight shares gained 6% immediately after the announcement

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