Limelight Networks(R) Reports Financial Results for the Third Quarter of 2015
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Limelight Networks (LLNW) 3Q Results increase Focus on FCF; Cowen Reiterates Outperform
November 4, 2015 7:14 AM ESTCowen maintained an Outperform rating on Limelight Networks, Inc. (NASDAQ: LLNW), and cut the price target to $3.50 (from $5.00), following the company's 3Q earnings results. LLNW reported muted 3Q15 results including revenue/EBITDA that slightly missed expectations and maintained 2015 guidance. Revenue was $42.0MM vs. the... More
Limelight Networks (LLNW) 3Q Results increase Focus on FCF
November 4, 2015 7:13 AM ESTCowen maintained an Outperform rating on Limelight Networks, Inc. (NASDAQ: LLNW), and cut the price target to $3.50 (from $5.00), following the company's 3Q earnings results. LLNW reported muted 3Q15 results including revenue/EBITDA that slightly missed expectations and maintained 2015 guidance. Revenue was $42.0MM vs. the... More
Limelight Networks (LLNW) Misses Q3 EPS by 1c
November 3, 2015 4:54 PM ESTLimelight Networks (NASDAQ: LLNW) reported Q3 EPS of ($0.04), $0.01 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $42 million versus the consensus estimate of $42.98 million.
Limelight Networks sees FY2015 revenue of $170-174 million, versus the consensus of $173.46 million.
For earnings... More
