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Limelight Networks Q4 sales up 2%, sees growth in 2017

Thursday 9 February 2017 | 14:09 CET | News
Limelight Networks reported fourth-quarter revenues of USD 43.8 million, up 2 percent from a year earlier and in line with its outlook. Its gross margin rose to 44.9 percent from 41.0 percent a year ago, while EBITDA fell to USD 1.9 million from USD 2.1 million over the same period. The net loss narrowed slightly to USD 3.9 million from USD 4.1 million, and adjusted EPS improved to USD 0.02 from breakeven a year ago. Limelight said it had a strong finish to the year, after annual revenues fell 2 percent. For 2017, it forecast revenue of USD 175-180 million, up from USD 168 million in 2016.

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Categories: Fixed
Companies: Limelight Networks
Countries: World
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