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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.

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Categories: Internet
Companies: Limelight Networks
Countries: World
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