Limelight Networks, Inc. (LLNW) PT Raised to $6.50 at B.Riley/FBR

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Limelight Networks (LLNW) Tops Q4 EPS by 1c, Revenues Beat; Raises FY20 Revenue Outlook, Maintains FY20 EPS Guidance

January 29, 2020 4:06 PM EST

Limelight Networks (NASDAQ: LLNW) reported Q4 EPS of $0.05, $0.01 better than the analyst estimate of $0.04. Revenue for the quarter came in at $60.1 million versus the consensus estimate of $59.17 million.

Record revenue of $60.1 million, up 37 percent year over year, up 17% sequentiallyGAAP basic EPS of $0.02 and Non-GAAP EPS of $0.05EBITDA of $8.1 million and Adjusted EBITDA of $11.4 millionDelivered record traffic, exceeding previous record by over... More