Posted by : Randy Cooper in (CDN)

Limelight Turns In Steady Q4 | Telecom Ramblings

 

Content delivery networking challenger Limelight Networks (LLNW: chart, news) reported its fourth quarter numbers after the bell.  Overall, revenues of $33.6M were roughly inline with expectations or perhaps a touch above, which extended their sequential growth following revenue pressure during the height of last year’s fiscal crisis.  EBITDA of $3.3M and adjusted EPS of -$0.04 were a bit light due to higher costs.  Higher cost of service came from network expansion activities, while there were also one time costs for their M&A activity and some extra bad debt expense.

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