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Wednesday, July 17, 2019

=Limelight Networks (LLNW) reported earnings on Wed 17 July 19 (a/h)



Limelight Networks misses by $0.01, misses on revs; lowers FY19 EPS and revs guidance 

  • Reports Q2 (Jun) loss of $(0.03) per share, excluding non-recurring items, $0.01 worse thanthe S&P Capital IQ Consensus of ($0.02); revenues fell 8.6% year/year to $45.9 mln vs the $46.4 mln S&P Capital IQ Consensus.
  • Co issues guidancefor FY19, sees EPS of approx breakeven, excluding non-recurring items, vs. $0.05 S&P Capital IQ Consensus and vs prior guidance of $0.10-0.20; sees FY19 revs of $200-210 mln vs. $207.5 mln S&P Capital IQ Consensus and vs prior guidance of $215-225 mln.
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