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Limelight Networks revenue up 8% to USD 44.7 mln in Q1

Wednesday 26 April 2017 | 08:47 CET | News
Limelight Networks reported revenue up 8 percent to USD 44.7 million for the first quarter. Currency headwinds negatively impacted year-over-year comparison by USD 0.3 million and the sequential comparison by USD 0.1 million. Gross margin was 47.3 percent in the first quarter, an increase of 710 basis points from 40.2 percent in the first quarter of 2016. Net loss diminished to USD 3.3 million, or USD 0.03 per basic share, for the first quarter, compared to a net loss of USD 5.9 million, or USD 0.06 per basic share, for the first quarter of 2016.

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Categories: Fixed
Companies: Limelight Networks
Countries: World
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