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Limelight moves to break-even, lifts FY guidance

Friday 20 April 2018 | 12:21 CET | News
Limelight Networks raised its full year guidance after reporting higher revenues and break-even profit for the first quarter. Revenues for the quarter lifted 16 percent from the year before to USD 52.1 million, the gross margin increased to 51.2 percent from 47.3 percent and the net profit went to USD 0.1 million from a loss of 3.3 million. EBITDA advanced to USD 4.9 million from 1.7 million.

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Categories: Fixed
Companies: Limelight Networks
Countries: World
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