Limelight Networks (LLNW) Reports In-Line Q1 EPS

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Limelight Networks Reports Financial Results for the First Quarter of 2020

April 23, 2020 4:01 PM EDT

Revenue of $57.0 million, up 32% year over year GAAP basic EPS of $(0.04) and Non-GAAP EPS of break-even Adjusted EBITDA of $5.6 million Cash balance of $21.4 million on positive operating cash flow CFO transition planned

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Limelight Networks, Inc. (Nasdaq: LLNW) (Limelight), a leading provider of edge cloud services, today reported revenue of $57.0 million for the first quarter of 2020, up 32 percent, compared to $43.3 million in the first quarter of 2019. Year-over-year currency impact was negative by approximately $0.1 million.

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