0
Broadband

Limelight Networks reports record revenues in Q3

Friday 23 October 2020 | 12:04 CET | News
Limelight Networks said revenues for the third quarter lifted 15 percent from the year before to a record USD 59.2 million. The net loss widened meanwhile to USD 4.0 million from a loss of 2.8 million, impacted by USD 1.7 million in interest expenses related to convertible notes issued during the quarter. The adjusted net loss went to USD 1.2 million or USD 0.01 per share, from a profit of 0.6 million or 0.01 per share. The adjusted EBITDA dipped lower to USD 5.6 million from 5.8 million.

Thank you for visiting Telecompaper

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: Internet
Companies: Limelight Networks
Countries: World
::: add a comment

Add comment

Please login or register to leave a 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.


Related

Limelight to reduce workforce by 16%

Published 19 Mar 2021 09:49 CET | World
Limelight Networks, which said last month that it had "work to do" to improve operations, has announced a number of initiatives ...

Limelight sees 'work ahead' after lower Q4

Published 12 Feb 2021 10:18 CET | World
Limelight Networks reported lower results for the fourth quarter but did reach a record USD 230.2 million in revenue for the ...

Limelight Networks raises USD 110 mln in convertible issue

Published 24 Jul 2020 14:31 CET | World
Limelight Networks has raised USD 110 million in an issue of 3.5 percent convertible senior notes due 2025. The proceeds from the ...

Limelight Networks raises FY outlook after 28% revenue growth in Q2

Published 21 Jul 2020 09:35 CET | World
Limelight Networks has improved its full-year guidance after a strong second quarter. The company's revenues rose 28 percent ...





Calendar   /   Industry Events

10 May Ceva Q1 2021
10 May Weibo Q1 2021
10 May Boingo Wireless Q1 2021
10 May Synchronoss Q1
10 May NortonLifeLock fiscal Q4, investors day
10 May 8x8 fiscal Q4 results
11 May Magyar Telekom Q1 2021
11 May Radcom Q1 2021
11 May Vizio Q1 2021
11 May Sonim Q1 2021
11 May Telefonica Brasil Q1 2021
11 May Allot Q1 2021
11 May Softbank FY results
11 May United Internet Q1 2021
11 May Lattice Semiconductor investor day
11 May Small Cells World Summit
12 May Airtel Africa Q1 2021
12 May Mediaset Q1 2021
12 May NEC FY results
12 May Telefonica Deutschland Q1 2021
12 May Deutsche Telekom Q1 2021
12 May Bredband2 Q1 2021
12 May Syn Q1 results 2021
12 May OTE Q1 2021
12 May Lumentum fiscal Q3
13 May Inwit Q1 2021
13 May Telefonica Q1 2021
13 May Poly fiscal Q4
13 May Alibaba Group Q1
13 May DZS investors day
::: More Calendar Items