EX-99.1 2 llnw-q32018ex991.htm EXHIBIT 99.1 Exhibit
Exhibit 99.1

October 18, 2018
Limelight Networks(R) Reports Financial Results for the Third Quarter of 2018
Revenue of $49.3 million, up 7 percent year over year
GAAP basic EPS of break-even and Non-GAAP EPS of $0.03
Operating cash inflow of over $11 million, highest in over a decade
Cash and marketable securities of $52.7 million
Confirming guidance and tightening ranges with lower capital expenditures
Limelight Networks, Inc. (Nasdaq:LLNW) (Limelight), a leading provider of edge cloud services, today reported revenue of $49.3 million for the third quarter of 2018, up 7% compared to $46.1 million in the third quarter of 2017. Currency negatively impacted year-over-year comparison by $0.2 million, or less than one percent.
Gross margin was 48.7% in the third quarter of 2018, an increase of 30 basis points from 48.4% in the third quarter of 2017.
On a GAAP basis, Limelight reported a net loss of $0.3 million, or break-even per basic share for the third quarter of 2018, compared to a net loss of $1.8 million, or $0.02 per basic share, in the third quarter of 2017.
Non-GAAP net income was $3.2 million, or $0.03 per basic share, for the third quarter of 2018, compared to non-GAAP net income of $2.2 million, or $0.02 per basic share, in the third quarter of 2017.
EBITDA was $4.3 million for the third quarter of 2018, compared to $3.4 million for the third quarter of 2017. Adjusted EBITDA was $7.7 million for the third quarter of 2018, compared to $7.4 million for the third quarter of 2017.
Limelight ended the third quarter with 551 employees and employee equivalents, up from 549 at the end of the second quarter of 2018, and up from 535 in the year ago period.
“We are pleased with Limelight’s third quarter results that showed year over year improvements even in a seasonally weak quarter, and marked record achievements across multiple key financial and non-financial metrics. Customers continue to reward Limelight’s performance gains by sending us more business, and we believe we are continuing to take market share. Pricing discipline and operational efficiencies are driving gains in gross margin and overall profitability, and at the same time, the continuing improvement in an already strong Net Promoter Score confirms our customer’s growing satisfaction with the value they obtain from Limelight,” said Bob Lento, Chief Executive Officer at Limelight.
“In light of the strength of our results, we are confident we will finish 2018 ahead of the expectations we set at the start of the year and within the range of outcomes we laid out last quarter. Importantly, our focus on new initiatives is yielding results. The two-way partnership with Tencent is exciting for the near term. The Ericsson initiative and the Realtime streaming opportunities should drive revenue and margin growth in the medium-term and our strategic focus on edge services will contribute to meaningful growth and profitability in the long-term. While there is opportunity to do even better, we are very pleased with our performance on multiple fronts. Our talented and dedicated employees continue to enhance our strategic focus while driving ever-higher operating discipline. Altogether, we believe we are building a better Limelight for all stakeholders and remain acutely focused on delivering exceptional shareholder returns,” Mr. Lento added. 



Exhibit 99.1

Based on current conditions, for the full-year 2018, we are providing the following updates to our previously announced guidance.
2018 Guidance Table
Limelight Networks, Inc.
2018 Guidance
 
 
 
 
 
 
 
 
 
 
 
October 18, 2018
 
July 19, 2018
 
April 19, 2018
 
February 7, 2018
Revenue
 
No change
 
$200 to $203 million
 
$198 to $202 million
 
$196 to $200 million
Gross margin percentage
 
No change
 
No change
 
Expansion of more than 150 basis points over 2017
 
Expansion of more than 100 basis points over 2017
GAAP EPS
 
$0.12 to $0.14
 
No change
 
$0.07 to $0.11
 
$(0.07) to $(0.03)
Non-GAAP EPS
 
$0.14 to $0.17
 
No change
 
$0.13 to $0.17
 
$0.11 to $0.15
Adjusted EBITDA
 
$35 to $37 million
 
No change
 
$33 to $37 million
 
$32 to $36 million
Capital expenditures
 
Below $18 million
 
Below $20 million
 
$20 to $22 million
 
$22 to $24 million





Exhibit 99.1

Financial Tables
Limelight Networks, Inc.
Condensed Consolidated Balance Sheets
(In thousands, except per share data)
 
September 30,
2018
 
June 30,
2018
 
December 31,
2017
 
(Unaudited)
 
(Unaudited)
 
 
ASSETS
 
 
 
 
 
Current assets:
 
 
 
 
 
Cash and cash equivalents
$
28,678

 
$
28,719

 
$
20,912

Marketable securities
23,957

 
16,851

 
28,404

Accounts receivable, net
26,147

 
31,862

 
32,381

Income taxes receivable
154

 
153

 
98

Prepaid expenses and other current assets
17,859

 
18,147

 
5,397

Total current assets
96,795

 
95,732

 
87,192

Property and equipment, net
27,392

 
26,303

 
28,991

Marketable securities, less current portion
40

 
40

 
40

Deferred income taxes
1,590

 
1,550

 
1,506

Goodwill
76,683

 
76,648

 
77,054

Other assets
2,434

 
2,235

 
1,665

Total assets
$
204,934

 
$
202,508

 
$
196,448

LIABILITIES AND STOCKHOLDERS’ EQUITY
 
 
 
 
 
Current liabilities:
 
 
 
 
 
Accounts payable
$
8,976

 
$
6,179

 
$
4,439

Deferred revenue
853

 
965

 
1,187

Income taxes payable
111

 
219

 
452

Provision for litigation
13,500

 
18,000

 
18,000

Other current liabilities
13,804

 
12,269

 
18,507

Total current liabilities
37,244

 
37,632

 
42,585

Deferred income taxes
174

 
124

 
144

Deferred revenue, less current portion
68

 
37

 
16

Provision for litigation, less current portion

 

 
9,000

Other long-term liabilities
385

 
389

 
558

Total liabilities
37,871

 
38,182

 
52,303

Commitments and contingencies
 
 
 
 
 
Stockholders’ equity:
 
 
 
 
 
Convertible preferred stock, $0.001 par value; 7,500 shares authorized; no shares issued and outstanding

 

 

Common stock, $0.001 par value; 300,000 shares authorized; 113,198, 112,478, and 110,824 shares issued and outstanding at September 30, 2018, June 30, 2018 and December 31, 2017, respectively
113

 
112

 
111

Additional paid-in capital
509,846

 
506,684

 
502,312

Accumulated other comprehensive loss
(9,477
)
 
(9,324
)
 
(8,328
)
Accumulated deficit
(333,419
)
 
(333,146
)
 
(349,950
)
Total stockholders’ equity
167,063

 
164,326

 
144,145

Total liabilities and stockholders’ equity
$
204,934

 
$
202,508

 
$
196,448

 
 
 
 
 
 

 



Exhibit 99.1

Limelight Networks, Inc.
Condensed Consolidated Statements of Operations
(In thousands, except per share data)
(Unaudited)
 
Three Months Ended
 
Nine Months Ended
 
Sept. 30,
 
June 30,
 
Percent
 
Sept. 30,
 
Percent
 
Sept. 30,
 
Sept. 30,
 
Percent
 
2018
 
2018
 
Change
 
2017
 
Change
 
2018
 
2017
 
Change
Revenue
$
49,315

 
$
50,249

 
(2
)%
 
$
46,069

 
7
 %
 
$
151,678

 
$
136,173

 
11
 %
Cost of revenue:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cost of services (1)
21,519

 
21,206

 
1
 %
 
19,287

 
12
 %
 
63,779

 
57,758

 
10
 %
Depreciation — network
3,761

 
4,196

 
(10
)%
 
4,506

 
(17
)%
 
12,337

 
13,594

 
(9
)%
Total cost of revenue
25,280

 
25,402

 
 %
 
23,793

 
6
 %
 
76,116

 
71,352

 
7
 %
Gross profit
24,035

 
24,847

 
(3
)%
 
22,276

 
8
 %
 
75,562

 
64,821

 
17
 %
Gross profit percentage
48.7
%
 
49.4
%
 
 
 
48.4
%
 
 
 
49.8
%
 
47.6
%
 
 
Operating expenses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
General and administrative (1)
7,851

 
7,517

 
4
 %
 
8,079

 
(3
)%
 
24,890

 
23,397

 
6
 %
Sales and marketing (1)
9,766

 
10,022

 
(3
)%
 
8,836

 
11
 %
 
30,068

 
27,100

 
11
 %
Research and development (1)
5,882

 
6,073

 
(3
)%
 
6,443

 
(9
)%
 
18,294

 
19,377

 
(6
)%
Depreciation and amortization
616

 
633

 
(3
)%
 
603

 
2
 %
 
1,837

 
1,789

 
3
 %
Total operating expenses
24,115

 
24,245

 
(1
)%
 
23,961

 
1
 %
 
75,089

 
71,663

 
5
 %
Operating (loss) income
(80
)
 
602

 
(113
)%
 
(1,685
)
 
(95
)%
 
473

 
(6,842
)
 
(107
)%
Other income (expense):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest expense
(10
)
 
(7
)
 
NM

 
(18
)
 
NM

 
(76
)
 
(42
)
 
NM

Interest income
177

 
134

 
32
 %
 
127

 
39
 %
 
440

 
365

 
21
 %
Settlement and patent license income

 
14,900

 
NM

 

 
NM

 
14,900

 

 
NM

Other, net
(246
)
 
(221
)
 
NM

 
8

 
NM

 
(355
)
 
249

 
NM

Total other (expense) income
(79
)
 
14,806

 
NM

 
117

 
NM

 
14,909

 
572

 
NM

(Loss) income before income taxes
(159
)
 
15,408

 
NM

 
(1,568
)
 
NM

 
15,382

 
(6,270
)
 
NM

Income tax expense
113

 
249

 
NM

 
188

 
NM

 
347

 
448

 
NM

Net (loss) income
$
(272
)
 
$
15,159

 
NM

 
$
(1,756
)
 
NM

 
15,035

 
(6,718
)
 
NM

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss) per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
$

 
$
0.14

 
 
 
$
(0.02
)
 
 
 
0.13

 
(0.06
)
 
 
Diluted
$

 
$
0.13

 
 
 
$
(0.02
)
 
 
 
0.13

 
(0.06
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average shares used in per share calculation:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
112,760

 
111,356

 
 
 
109,342

 
 
 
111,626

 
108,376

 
 
Diluted
112,760

 
120,033

 
 
 
109,342

 
 
 
120,025

 
108,376

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1) Includes share-based compensation (see supplemental table for figures)
 
 
 
 
 
 




Exhibit 99.1

Limelight Networks, Inc.
Supplemental Financial Data
(In thousands)
(Unaudited)
 
Three Months Ended
 
Nine Months Ended
 
Sept. 30,
 
June 30,
 
Sept. 30,
 
Sept. 30,
 
Sept. 30,
 
2018
 
2018
 
2017
 
2018
 
2017
Share-based compensation:
 
 
 
 
 
 
 
 
 
Cost of services
$
352

 
$
350

 
$
352

 
$
1,059

 
$
1,075

General and administrative
1,887

 
1,969

 
1,565

 
5,666

 
4,773

Sales and marketing
638

 
633

 
611

 
1,874

 
1,848

Research and development
544

 
605

 
584

 
1,746

 
1,746

Total share-based compensation
$
3,421

 
$
3,557

 
$
3,112

 
$
10,345

 
$
9,442

 
 
 
 
 
 
 
 
 
 
Depreciation and amortization:
 
 
 
 
 
 
 
 
 
Network-related depreciation
$
3,761

 
$
4,196

 
$
4,506

 
$
12,337

 
$
13,594

Other depreciation and amortization
616

 
633

 
603

 
1,837

 
1,789

Total depreciation and amortization
$
4,377

 
$
4,829

 
$
5,109

 
$
14,174

 
$
15,383

 
 
 
 
 
 
 
 
 
 
Net increase (decrease) in cash, cash equivalents and marketable securities:
$
7,065

 
$
1,875

 
$
(2,904
)
 
$
3,319

 
$
(8,495
)
 
 
 
 
 
 
 
 
 
 
End of period statistics:
 
 
 
 
 
 
 
 
 
Approximate number of active customers
667

 
689

 
753

 
667

 
753

 
 
 
 
 
 
 
 
 
 
Number of employees and employee equivalents
551

 
549

 
535

 
551

 
535





Exhibit 99.1

Limelight Networks, Inc.
Condensed Consolidated Statements of Cash Flows
(In thousands)
(Unaudited)
 
Three Months Ended
 
Nine Months Ended
 
Sept. 30,
 
June 30,
 
Sept. 30,
 
Sept. 30,
 
Sept. 30,
 
2018
 
2018
 
2017
 
2018
 
2017
Operating activities
 
 
 
 
 
 
 
 
 
Net (loss) income
$
(272
)
 
$
15,159

 
$
(1,756
)
 
$
15,035

 
$
(6,718
)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
 
 
 
 
 
 
 
 
 
Depreciation and amortization
4,377

 
4,829

 
5,109

 
14,174

 
15,383

Share-based compensation
3,421

 
3,557

 
3,112

 
10,345

 
9,442

Settlement and patent license income

 
(14,900
)
 

 
(14,900
)
 

Foreign currency remeasurement (gain) loss
64

 
(271
)
 
79

 
(97
)
 
658

Deferred income taxes
(16
)
 
(111
)
 
(73
)
 
(86
)
 
(217
)
Gain on sale of property and equipment
(18
)
 
(97
)
 
(2
)
 
(131
)
 
(94
)
Accounts receivable charges
157

 
78

 
242

 
453

 
732

Amortization of premium on marketable securities
24

 
25

 
65

 
82

 
228

Changes in operating assets and liabilities:
 
 
 
 
 
 
 
 
 
Accounts receivable
5,558

 
493

 
(800
)
 
5,781

 
(2,026
)
Prepaid expenses and other current assets
(2,757
)
 
(655
)
 
(322
)
 
(2,530
)
 
545

Income taxes receivable
7

 
61

 
13

 
(56
)
 
34

Other assets
(192
)
 
(72
)
 
13

 
(759
)
 
21

Accounts payable and other current liabilities
3,058

 
(3,298
)
 
2,048

 
(2,526
)
 
4,749

Deferred revenue
(82
)
 
37

 
(47
)
 
85

 
(450
)
Income taxes payable
(113
)
 
160

 
46

 
(350
)
 
180

Payments related to litigation, net
(1,520
)
 
(1,520
)
 
(4,500
)
 
(7,540
)
 
(13,500
)
Other long term liabilities
(4
)
 
(19
)
 
(202
)
 
(173
)
 
(584
)
Net cash provided by operating activities
11,692

 
3,456

 
3,025

 
16,807

 
8,383

Investing activities
 
 
 
 
 
 
 
 
 
Purchases of marketable securities
(15,962
)
 

 
(2,864
)
 
(15,962
)
 
(10,383
)
Sale and maturities of marketable securities
8,850

 
7,000

 
3,500

 
20,365

 
17,744

Purchases of property and equipment
(4,214
)
 
(4,291
)
 
(5,328
)
 
(10,495
)
 
(15,806
)
Proceeds from sale of property and equipment
18

 
97

 
3

 
131

 
83

Net cash (used in) provided by investing activities
(11,308
)
 
2,806

 
(4,689
)
 
(5,961
)
 
(8,362
)
Financing activities
 
 
 
 
 
 
 
 
 
Payment of employee tax withholdings related to restricted stock vesting
(996
)
 
(1,206
)
 
(655
)
 
(3,808
)
 
(2,571
)
Cash paid for purchase of common stock

 

 

 
(3,800
)
 

Proceeds from employee stock plans
737

 
4,032

 
12

 
4,799

 
1,200

Net cash (used in) provided by financing activities
(259
)
 
2,826

 
(643
)
 
(2,809
)
 
(1,371
)
Effect of exchange rate changes on cash and cash equivalents
(166
)
 
(232
)
 
79

 
(271
)
 
360

Net increase (decrease) in cash and cash equivalents
(41
)
 
8,856

 
(2,228
)
 
7,766

 
(990
)
Cash and cash equivalents, beginning of period
28,719

 
19,863

 
22,972

 
20,912

 
21,734

Cash and cash equivalents, end of period
$
28,678

 
$
28,719

 
$
20,744

 
$
28,678

 
$
20,744

Use of Non-GAAP Financial Measures
To evaluate our business, we consider and use non-generally accepted accounting principles (Non-GAAP) net income (loss), EBITDA and Adjusted EBITDA as supplemental measures of operating performance. These measures include the same adjustments that management takes into account when it reviews and assesses operating performance on a period-to-period basis. We consider Non-GAAP net income (loss) to be an important indicator of overall business performance. We define Non-GAAP net income (loss) to be U.S. GAAP net income (loss), adjusted to exclude the settlement and patent license income, share-based compensation and litigation expenses. We believe that EBITDA provides a useful metric to investors to compare us with other companies within our industry and across industries. We define EBITDA as U.S. GAAP net income (loss) adjusted to exclude depreciation and amortization, interest expense, interest and other (income) expense, and income tax expense. We define Adjusted EBITDA as EBITDA adjusted to exclude the settlement and patent license income, share-based compensation and litigation expenses. We use Adjusted EBITDA as a supplemental measure to



Exhibit 99.1

review and assess operating performance. Our management uses these Non-GAAP financial measures because, collectively, they provide valuable information on the performance of our on-going operations, excluding non-cash charges, taxes and non-core activities (including interest payments related to financing activities). These measures also enable our management to compare the results of our on-going operations from period to period, and allow management to review the performance of our on-going operations against our peer companies and against other companies in our industry and adjacent industries. We believe these measures also provide similar insights to investors, and enable investors to review our results of operations “through the eyes of management.”
Furthermore, our management uses these Non-GAAP financial measures to assist them in making decisions regarding our strategic priorities and areas for future investment and focus.
The terms Non-GAAP net income (loss), EBITDA and Adjusted EBITDA are not defined under U.S. GAAP, and are not measures of operating income, operating performance or liquidity presented in accordance with U.S. GAAP. Our Non-GAAP net income (loss), EBITDA and Adjusted EBITDA have limitations as analytical tools, and when assessing our operating performance, Non-GAAP net income (loss), EBITDA and Adjusted EBITDA should not be considered in isolation, or as a substitute for net income (loss) or other consolidated income statement data prepared in accordance with U.S. GAAP. Some of these limitations include, but are not limited to:
EBITDA and Adjusted EBITDA do not reflect our cash expenditures or future requirements for capital expenditures or contractual commitments;
these measures do not reflect changes in, or cash requirements for, our working capital needs;
Non-GAAP net income (loss) and Adjusted EBITDA do not reflect the cash requirements necessary for litigation costs, including provision for litigation and litigation expenses;
these measures do not reflect the interest expense, or the cash requirements necessary to service interest or principal payments, on our debt that we may incur;
these measures do not reflect income taxes or the cash requirements for any tax payments;
although depreciation and amortization are non-cash charges, the assets being depreciated and amortized will be replaced sometime in the future, and EBITDA and Adjusted EBITDA do not reflect any cash requirements for such replacements;
while share-based compensation is a component of operating expense, the impact on our financial statements compared to other companies can vary significantly due to such factors as the assumed life of the options and the assumed volatility of our common stock; and
other companies may calculate Non-GAAP net income (loss), EBITDA and Adjusted EBITDA differently than we do, limiting their usefulness as comparative measures.
We compensate for these limitations by relying primarily on our U.S. GAAP results and using Non-GAAP net income (loss), EBITDA, and Adjusted EBITDA only as supplemental support for management's analysis of business performance. Non-GAAP net income (loss), EBITDA and Adjusted EBITDA are calculated as follows for the periods presented in thousands:




Exhibit 99.1


Reconciliation of Non-GAAP Financial Measures
Limelight is presenting the most directly comparable U.S. GAAP financial measures and reconciling the non-GAAP financial metrics to the comparable U.S. GAAP measures. Per share amounts may not foot due to rounding.

Limelight Networks, Inc.
Reconciliation of U.S. GAAP Net Income (Loss) to Non-GAAP Net Income
(In thousands)
(Unaudited
 
Three Months Ended
 
Nine Months Ended
 
September 30, 2018
 
June 30, 2018
 
September 30, 2017
 
September 30, 2018
 
September 30, 2017
 
Amount
 
Per Share
 
Amount
 
Per Share
 
Amount
 
Per Share
 
Amount
 
Per Share
 
Amount
 
Per Share
U.S. GAAP net (loss) income
$
(272
)
 
$

 
$
15,159

 
$
0.14

 
$
(1,756
)
 
$
(0.02
)
 
$
15,035

 
$
0.13

 
$
(6,718
)
 
$
(0.06
)
Settlement and patent license income

 

 
(14,900
)
 
(0.13
)
 

 

 
(14,900
)
 
(0.13
)
 

 

Share-based compensation
3,421

 
0.03

 
3,557

 
0.03

 
3,112

 
0.03

 
10,345

 
0.09

 
9,442

 
0.09

Litigation expenses
19

 

 
215

 

 
863

 
0.01

 
2,904

 
0.03

 
4,048

 
0.04

Non-GAAP net income
$
3,168

 
$
0.03

 
$
4,031

 
$
0.04

 
$
2,219

 
$
0.02

 
$
13,384

 
$
0.12

 
$
6,772

 
$
0.06

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average shares used in per share calculation:
 
 
112,760

 
 
 
111,356

 
 
 
109,342

 
 
 
111,626

 
 
 
108,376



Limelight Networks, Inc.
Reconciliation of U.S. GAAP Net Income (Loss) to EBITDA to Adjusted EBITDA
(In thousands)
(Unaudited)
 
Three Months Ended
 
Nine Months Ended
 
Sept. 30,
 
June 30,
 
Sept. 30,
 
Sept. 30,
 
Sept. 30,
 
2018
 
2018
 
2017
 
2018
 
2017
U.S. GAAP net (loss) income
$
(272
)
 
$
15,159

 
$
(1,756
)
 
$
15,035

 
$
(6,718
)
Depreciation and amortization
4,377

 
4,829

 
5,109

 
14,174

 
15,383

Interest expense
10

 
7

 
18

 
76

 
42

Interest and other (income) expense
69

 
87

 
(135
)
 
(85
)
 
(614
)
Income tax expense
113

 
249

 
188

 
347

 
448

EBITDA
$
4,297

 
$
20,331

 
$
3,424

 
$
29,547

 
$
8,541

Settlement and patent license income

 
(14,900
)
 

 
(14,900
)
 

Share-based compensation
3,421

 
3,557

 
3,112

 
10,345

 
9,442

Litigation expenses
19

 
215

 
863

 
2,904

 
4,048

Adjusted EBITDA
$
7,737

 
$
9,203

 
$
7,399

 
$
27,896

 
$
22,031

For future periods, we are unable to provide a reconciliation of EBITDA and Adjusted EBITDA to net income (loss) as a result of the uncertainty regarding, and the potential variability of, the amounts of depreciation and amortization, interest expense, interest and other (income) expense and income tax expense, that may be incurred in the future.



Exhibit 99.1

Conference Call
At approximately 4:30 p.m. EST (1:30 p.m. PST) today, management will host a quarterly conference call for investors. Investors can access this call toll-free at 877-296-5190 within the United States or +1 412-317-5233 outside of the U.S. The conference call will also be audio cast live from http://www.limelight.com and a replay will be available following the call from the Limelight website.
Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. These statements include, among others, statements regarding our expectations regarding revenue, gross margin, non-GAAP net income, capital expenditures, and our future prospects. Our expectations and beliefs regarding these matters may not materialize. The potential risks and uncertainties that could cause actual results or outcomes to differ materially from the results or outcomes predicted include, among other things, reduction of demand for our services from new or existing customers, unforeseen changes in our hiring patterns, adverse outcomes in litigation, and experiencing expenses that exceed our expectations. A detailed discussion of these factors and other risks that affect our business is contained in our SEC filings, including our most recent reports on Forms 10-K and 10-Q, particularly under the heading “Risk Factors.” Copies of these filings are available online on our investor relations website at investors.limelightnetworks.com and on the SEC website at www.SEC.gov. All information provided in this release and in the attachments is as of October 18, 2018, and we undertake no duty to update this information in light of new information or future events, unless required by law.
About Limelight
Limelight Networks Inc., (NASDAQ: LLNW), a leading provider of digital content delivery, video, cloud security, and edge computing services, empowers customers to provide exceptional digital experiences. Limelight’s edge services platform includes a unique combination of global private infrastructure, intelligent software, and expert support services that enable current and future workflows. For more information, please visit www.limelight.com, follow us on Twitter, Facebook and LinkedIn.
Copyright (C) 2018 Limelight Networks, Inc. All rights reserved. All product or service names are the property of their respective owners.
Source: Limelight Networks
Language:
English
CONTACT:
Limelight Networks, Inc.
Sajid Malhotra, 602-850-5778
ir@llnw.com
Ticker Slug:
Ticker: LLNW
Exchange: NASDAQ