Limelight Networks Reports Fourth-Quarter and Full-Year 2020 Results

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DA Davidson Downgrades Limelight Networks, Inc. (LLNW) to Underperform

February 12, 2021 7:32 AM EST

DA Davidson analyst Rishi Jaluria downgraded Limelight Networks, Inc. (NASDAQ: LLNW) from Neutral to Underperform with a price target of $3.00 (from $4.50).

For an analyst ratings summary and ratings history on Limelight Networks, Inc.... More

Limelight Networks (LLNW) Misses Q4 EPS by 5c, Revenues Miss

February 11, 2021 4:02 PM EST

Limelight Networks (NASDAQ: LLNW) reported Q4 EPS of ($0.03), $0.05 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $55.39 million versus the consensus estimate of $61.39 million.

Record annual revenue of $230.2 million increases 15% from 20192020 GAAP net loss of $(19.3) million versus $(16.0) million in 2019Full-year Adjusted EBITDA of $24.5... More