0
Broadband

Limelight again lifts guidance amid higher revenues, profit in Q2

Friday 20 July 2018 | 12:15 CET | News
Limelight Networks has again lifted its guidance for the full year on the back of lower capex, higher revenues and improved profit in the second quarter. Revenues lifted 11 percent from the year earlier to USD 50.2 million, with the gross margin going up 230 basis points to 49.4 percent, the net profit lifting to USD 15.2 million or USD 0.13 per basic share, from a loss the year before of 1.6 million and 0.01 per basic share. The adjusted EBITDA meanwhile advanced to USD 9.2 million from 7.9 million while cash and marketable securities amounted to USD 45.6 million.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Limelight Networks
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.







Calendar   /   Industry Events

27 Feb Netia Q4 2019
27 Feb Sunrise Q4 2019
27 Feb Cogent Communications Q4 2019
27 Feb Cable One Q4 2019
27 Feb Neophotonics Q4 2019
27 Feb Baidu Q4 2019
27 Feb Dell Technologies fiscal Q4
27 Feb VMware fiscal Q4
27 Feb Zoom Telephonics Q4 2019
27 Feb Telesat Q4
27 Feb Interxion EGM
27 Feb Profile: Youfone
28 Feb Freenet Q4 2019
28 Feb Tecnotree FY 2019
28 Feb Masmovil Q4 2019
02 Mar GTT Q4 2019
02 Mar Boingo Wireless Q4 2019
02 Mar Maxar Technologies Q4 2019
02 Mar Capacity Middle East
03 Mar HPE fiscal Q1
03 Mar F5 Networks analyst meeting
04 Mar Tech Data fiscal Q4
04 Mar Smith Micro Software Q4 2019
04 Mar Dialog Semiconductor Q4 2019
04 Mar Verimatrix FY results
04 Mar Zoom Q4 2019
04 Mar Marvell Technology fiscal Q4
04 Mar Calix investor day
04 Mar OCP Global Summit
05 Mar Immersion Q4 2019
::: More Calendar Items