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

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Limelight Networks(R) Reports Strong Financial Results for the Fourth Quarter and Full Year 2019

January 29, 2020 4:01 PM EST

Record revenue of $60.1 million, up 37 percent year over year, up 17% sequentially GAAP basic EPS of $0.02 and Non-GAAP EPS of $0.05 EBITDA of $8.1 million and Adjusted EBITDA of $11.4 million Delivered record traffic, exceeding previous record by over 25%

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Limelight Networks, Inc. (Nasdaq: LLNW) (Limelight), a leading provider of edge cloud services, today reported record revenue of $60.1 million for the fourth quarter of 2019, up 37% compared to $44.0 million in the fourth quarter of 2018.

Limelight reported GAAP net income of $2.5 million, or... More