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Limelight Networks Inc (LLNW.OQ)

LLNW.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Limelight Networks Q4 non-gaap EPS $0.02
Wednesday, 8 Feb 2017 04:02pm EST 

Limelight Networks Inc : Limelight networks reports financial results for the fourth quarter and full year of 2016 . Q4 non-gaap earnings per share $0.02 . Q4 gaap loss per share $0.04 . Q4 revenue $43.8 million versus I/B/E/S view $43.7 million . Q4 earnings per share view $0.01 -- Thomson Reuters I/B/E/S . Sees FY 2017 revenue $175 million to $180 million . Sees 2017 non-gaap earnings per share between $0.02 and $0.06 per share . Sees 2017 capital expenditures at approximately $20 million dollars .FY2017 earnings per share view $0.04, revenue view $178.0 million -- Thomson Reuters I/B/E/S.  Full Article

Limelight Networks sees 2017 non-GAAP earnings per share between $0.02 and $0.06 per share
Tuesday, 20 Dec 2016 10:07am EST 

Limelight Networks Inc : Limelight Networks(R) issues guidance for 2017 . Sees 2017 revenue between $175 million - $180 million . Sees 2017 non-GAAP earnings per share between $0.02 and $0.06 per share . sees 2017 capital expenditures of approximately $20 million .FY2017 earnings per share view $0.04, revenue view $177.9 million -- Thomson Reuters I/B/E/S.  Full Article

Limelight Networks Q3 GAAP loss per share $0.06
Wednesday, 26 Oct 2016 04:01pm EDT 

Limelight Networks Inc : Q3 GAAP loss per share $0.06 . Q3 revenue $39.5 million versus I/B/E/S view $43.7 million . Q3 earnings per share view $0.00 -- Thomson Reuters I/B/E/S .Expects revenues to be between $43 and $45 million in Q4.  Full Article

Limelight, Akamai enter into licensing agreement regarding intellectual property settlement
Monday, 1 Aug 2016 09:00am EDT 

Limelight Networks Inc : Limelight and Akamai enter into licensing agreement regarding intellectual property settlement . Both parties have waived all rights to appeal, and Akamai will release $51 million letter of credit that bonded judgment . Agreement allows co to operate network free from restrictions, with respect to '703 and certain other patents . Settlement converts about $51 million judgment into a $54 million license that will be paid in 12 equal quarterly installments starting Aug 1 .Settlement converts about $51 million judgment into a $54 million license paid in 12 equal quarterly installments starting Aug 1.  Full Article

Limelight Networks - Massachusetts district court final judgment in Akamai Technologies networks case
Friday, 1 Jul 2016 10:47am EDT 

Limelight Networks : Limelight Networks Inc says Massachusetts district court has entered final judgment in Akamai Technologies, Inc. Et al. v. Limelight Networks case . Limelight Networks Inc says district court reduced total damages payable by Limelight in this case to approximately $51 million . Will regain access to about $12 million of $63 million currently held in a letter of credit supporting damages award .Limelight Networks Inc says will take a charge in Q2 2016 for full amount of $51 million.  Full Article

Limelight Networks, Inc files patent infringement lawsuit against Akamai and XO Communications
Monday, 30 Nov 2015 11:15am EST 

Limelight Networks, Inc:Limelight Networks files patent infringement lawsuit against Akamai and xo communications.Complaint indicates patents being infringed cover range of inventions critical to delivery of bytes by content delivery network.  Full Article

Limelight Networks, Inc says CFO Pete Perrone to step down
Wednesday, 18 Nov 2015 04:15pm EST 

Limelight Networks, Inc:Announces chief financial officer pete perrone to step down.Sajid malhotra, co's chief strategy officer, has been named interim CFO, effective Dec. 4, until permanent CFO is named.Says board of directors will conduct a search for a new CFO.  Full Article

Limelight Networks Inc reaffirms FY 2015 revenue guidance; raises low end of prior FY 2015 EPS guidance; gives FY 2016 guidance; EPS guidance above analysts' estimates
Tuesday, 3 Nov 2015 04:01pm EST 

Limelight Networks Inc:Says FY 2015 revenue guidance remains unchanged at between $170 and $174 million.Sees FY 2015 non-GAAP net loss to be between $0.10 and $0.14 per share, compared to previous guidance of a net loss of between $0.10 and $0.16 per share.Says capital expenditures remain unchanged for FY 2015 at between $22 and $26 million.Expects FY 2016 revenue will be between $180 and $195 million and Non-GAAP net income (loss) will be between $(0.05) and $0.05.FY 2015 revenue of $174 million and EPS of $(0.12) - Thomson Reuters I/B/E/S.FY 2016 revenue of $195 million and EPS of $(0.06) - Thomson Reuters I/B/E/S.  Full Article

Limelight Networks Inc says in October, Co's Board approved restructuring, reduction in force plan of 44 employees - Reuters
Thursday, 22 Oct 2015 02:01pm EDT 

Limelight Networks Inc:In October, Board of Birectors approved restructuring, reduction in force plan of 44 employees - RTRS.Estimates it will incur restructuring charges of approximately $1.0 million in the quarter ended December 31, 2015 - SEC filing - RTRS.  Full Article

Limelight Networks Selected by eDreams Odigeo to Power Global Delivery for Their Online Travel Websites
Wednesday, 26 Aug 2015 07:00am EDT 

Limelight Networks Inc:Announces that eDreams Odigeo has selected the Limelight Orchestrate(TM)Delivery service to deliver its e-commerce web sites.  Full Article

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BRIEF-Limelight Networks Q4 non-gaap EPS $0.02

* Limelight networks reports financial results for the fourth quarter and full year of 2016