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

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

February 11, 2021 4:01 PM EST

Record annual revenue of $230.2 million increases 15% from 2019 2020 GAAP net loss of $(19.3) million versus $(16.0) million in 2019 Full-year Adjusted EBITDA of $24.5 million rises 35% from 2019 Bob Lyons named new President and Chief Executive Officer

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Limelight Networks, Inc. (Nasdaq: LLNW) (Limelight), a leading provider of video delivery and edge cloud services, today reported results for its fourth quarter and year ended December 31, 2020.

Fourth-quarter Results

For the 2020 fourth quarter, the company generated revenue of $55.4 million, compared to $60.1 million in the... More