Limelight Networks, Inc. (OQ:LLNW)

Sector:  Technology Industry:  IT Services & Consulting
See Regulatory Filings on SEC
Company Contact
Address: 1465 N Scottsdale Rd Ste 400
SCOTTSDALE AZ 85257-3402
Tel: N/A
IR: See website
Key People
Robert A. Lento
President, Chief Executive Officer, Director
Daniel R. Boncel
Chief Financial Officer
Christine Cross
Senior Vice President, Chief Marketing Officer
Thomas Marth
Senior Vice President - Sales
Kurt Silverman
Senior Vice President - Development & Delivery
Michael D. DiSanto
Chief Administrative and Legal Officer and Secretary
Sajid Malhotra
Chief Strategy Officer
Business Overview
Limelight Networks, Inc. operates a distributed network and provides a suite of integrated services marketed as the Limelight Orchestrate Platform. The Company is engaged in providing content delivery and related services and solutions for global businesses to help them deliver their digital content across Internet, mobile, and social channels. Its services include content delivery services, mobile delivery services, video content management services, performance services, cloud-based storage services and cloud-based content security services. Its solutions include software and device manufacturers, media and broadcasters, and gaming. Limelight services incorporate content and application security, file management, video transformation, distributed storage functionality, and the analytics and reporting associated with them. The Company operates in three geographic areas: Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific.
Financial Overview
For the three months ended 31 March 2020, Limelight Networks, Inc. revenues increased 32% to $57M. Net loss decreased 39% to $5.3M. Revenues reflect Americas segment increase of 39% to $34.7M, EMEA segment increase of 32% to $9.6M. Lower net loss reflects Payroll and related employee costs decrease of 17% to $3.6M (expense), Professional fees and outside services decrease of 14% to $757K (expense).
Employees: 610 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $925.68M as of Mar 31, 2020
Annual revenue (TTM): $214.37M as of Mar 31, 2020
EBITDA (TTM): $8.92M as of Mar 31, 2020
Net annual income (TTM): -$10.31M as of Mar 31, 2020
Free cash flow (TTM): -$19.26M as of Mar 31, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 119,658,684 as of Apr 17, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization