Limelight Networks Gets a Boost From TV Streaming During Coronavirus Shutdown [The Motley Fool]
Limelight Networks, Inc. (LLNW)
Last limelight networks, inc. earnings: 4/23 04:01 pm
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Source: The Motley Fool
With coronavirus wreaking havoc on business operations and creating mounting uncertainty about the future, first-quarter 00 earnings have -- unsurprisingly -- been ugly. Few companies have provided guidance for the next quarter, let alone guidance for the full year.Limelight Networks(NASDAQ:LLNWcontent distributiontechnologyThe small content delivery network (CDN) company has been getting a boost from some high-profile customers in the media and entertainment industry. For those looking to bet on the migration to TV streaming, Limelight is worth your attention.A stellar start to an uncertain yearFirst, the numbers. After finishing off 09 with a 7% increase in revenue and returning to generating positive free-cash-flow (revenue less cash operating and capital expenses) in Q, Limelight followed that performance up with a strong start to 00.MetricQ 00Q 09ChangeRevenue$7.0 million$. million%Adjusted net income (loss)($9,000)($.0 million)N/AFree cash flow$.7 million($.0 million)Data source
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