Limelight Networks (LLNW) Misses Q3 EPS by 1c

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Go back to Limelight Networks (LLNW) Misses Q3 EPS by 1c

Limelight Networks (LLNW) 3Q Results increase Focus on FCF; Cowen Reiterates Outperform

November 4, 2015 7:14 AM EST

Cowen maintained an Outperform rating on Limelight Networks, Inc. (NASDAQ: LLNW), and cut the price target to $3.50 (from $5.00), following the company's 3Q earnings results. LLNW reported muted 3Q15 results including revenue/EBITDA that slightly missed expectations and maintained 2015 guidance. Revenue was $42.0MM vs. the... More

Limelight Networks (LLNW) 3Q Results increase Focus on FCF

November 4, 2015 7:13 AM EST

Cowen maintained an Outperform rating on Limelight Networks, Inc. (NASDAQ: LLNW), and cut the price target to $3.50 (from $5.00), following the company's 3Q earnings results. LLNW reported muted 3Q15 results including revenue/EBITDA that slightly missed expectations and maintained 2015 guidance. Revenue was $42.0MM vs. the... More