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Limelight Networks revenue down 9%, net loss widens in Q4 2018

Thursday 31 January 2019 | 10:10 CET | News
Limelight Networks reported Q4 2028 revenue down 9 percent to USD 44.0 million. Currency negatively impacted year-over-year comparison by USD 0.2 million, the company said in a press release. Gross margin was 40.7 percent, a decrease of 700 basis points from 47.7 percent in the fourth quarter of 2017. Net loss widened to USD 5.2 million, or USD 0.05 per basic share for the fourth quarter of 2018, from USD 0.9 million, or USD 0.01 per basic share in the fourth quarter of 2017.

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Categories: Fixed
Companies: Limelight Networks
Countries: World
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