Limelight Networks (LLNW) Misses Q2 EPS by 2c, Revenues Beat

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Limelight Networks Reports Strong Financial Results for the Second Quarter of 2020

July 20, 2020 4:01 PM EDT

Revenue of $58.5 million, up 28% year over year GAAP basic EPS of $(0.01) and Non-GAAP EPS of $0.03 Adjusted EBITDA of $9.7 million Increased full year revenue guidance

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Limelight Networks, Inc. (Nasdaq: LLNW) (Limelight), a leading provider of video delivery and edge cloud services, today reported revenue of $58.5 million for the second quarter of 2020, up 28 percent, compared to $45.9 million in the second quarter of 2019. Year-over-year currency impact was negative by approximately $0.1 million.

Limelight reported a GAAP net loss of $1.7 million, or... More