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Limelight Networks revenue up 17%, net loss diminishes in Q3

Thursday 19 October 2017 | 18:10 CET | News
Limelight Networks reported revenue of USD 46.1 million for the third quarter up 17 percent compared to USD 39.5 million in the third quarter of 2016. Currency exchange negatively impacted year-over-year comparison by USD 0.2 million, or less than one percent. Gross margin was 48.4 percent, an increase of 730 basis points from 41.1 percent in the third quarter of 2016. Net loss diminished to USD 1.8 million, or USD 0.02 per basic share, compared to net loss of USD 6.1 million, or USD 0.06 per basic share, in the third quarter of 2016. EBITDA also improved to USD 3.4 million compared to

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Categories: Fixed
Companies: Limelight Networks
Countries: World
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