May 8, 2008, 7:05 pm
Limelight Networks: Q1 Revs Short; Q2 Guidance Light
Posted by Eric Savitz
Limelight Networks (LLNW) reported Q1 revenue of $30.2 million, short of the Street consensus of $31.3 million. The company reported a non-GAAP loss of 2 cents a share; the Street had expected a profits of 2 cents.
For Q2, the content delivery network company sees revenue of $28 million to $30 million, which is below the Street consensus of $31.9 million.
After hours, LLNW is down 25 cents, or 8.2%, at $2.81.
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Tech Trader Daily is a blog on technology investing written from Palo Alto, California by long-time Barron's West Coast Editor Eric J. Savitz. The blog provides news, analysis and original reporting on events important to investors in software, hardware, the Internet, telecommunications and related fields.
