0
General

Limelight Networks revenues down 9% in Q2 to USD 45.9 mln

Thursday 18 July 2019 | 12:48 CET | News
Limelight Networks reported revenue down 9 percent year-on-year to USD 45.9 million for Q2. Currency negatively impacted year-over-year comparison by USD 0.3 million. Limelight reported a net loss of USD 7.2 million, or 0.06 per basic share for the second quarter, compared to net income of USD 15.2 million, or USD 0.14 per basic share and USD 0.13 per fully diluted share, in the second quarter of 2018. Net income in the second quarter of 2018 included USD 14.9 million of non-operating income (USD 0.13 per basic share and USD 0.12 per fully diluted share) related to a settlement and patent

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. 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: General
Companies: Limelight Networks
Countries: World
::: add a comment

Add 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 Networks opens 100th PoP, increases global capacity 40%

Published 17 May 2019 10:28 CET | World
Limelight Networks opened its 100th point-of-presence (PoP). The company said it increased its global network capacity by 40 ...

Limelight Networks revenue down 17% in Q1 to USD 43 mln

Published 18 Apr 2019 11:09 CET | World
Limelight Networks reported revenue of USD 43.3 million for the first quarter, down 17 percent compared to USD 52.1 million in ...

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

Published 31 Jan 2019 10:10 CET | World
Limelight Networks reported Q4 2028 revenue down 9 percent to USD 44.0 million. Currency negatively impacted year-over-year ...

Limelight guides lower for this year, sees better 2019

Published 13 Dec 2018 09:31 CET | World
Limelight Networks has lowered its guidance for the full year, saying strategic decision taken earlier will boost the company ...

Limelight Networks names Marth SVP of Sales

Published 27 Nov 2018 16:29 CET | World
Limelight Networks appointed Tom Marth as SVP of Sales reporting to Limelight's CEO, Bob Lento. Marth is an accomplished ...