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Limelight revenues lifts 10% in Q4, sees further growth for this year

Thursday 8 February 2018 | 09:57 CET | News
Limelight Networks said revenues for its fourth quarter advanced 10 percent from the year before to USD 48.2 million. The gross margin rose to 47.7 percent from 44.9 percent and the company was able to reduce its net loss to USD 0.9 million or USD 0.01 per basic share, from a loss the year earlier 3.9 million. EBITDA also fell, to USD 3.9 million from 8.7 million. Limelight ended the quarter with 533 employees and employee equivalents, down from 535 at the end of Q3, and up from 510 year-on-year.

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Categories: Fixed
Companies: Limelight Networks
Countries: World
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