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Limelight guides lower for this year, sees better 2019

Thursday 13 December 2018 | 09:31 CET | News
Limelight Networks has lowered its guidance for the full year, saying strategic decision taken earlier will boost the company next year, after dampening financials in the short term. For 2018, Limelight now sees revenues at USD 195-196 million, from its previous guidance of 200-203 million. Earnings per share are now expected at USD 0.08-0.09 from 0.12-0.14 while the adjusted EBITDA is forecast at USD 30-32 million, from 35-37 million. Capex is expected at USD 15-17 million, from under 18 million.

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Categories: Fixed
Companies: Limelight Networks
Countries: World
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