Limelight Networks Reports 2018 Fourth Quarter and Full Year Financial Results
Summary
Commenting on the fourth quarter and full year results, Chief Executive Officer, Robert Lento said, “We made some tough choices in the latter half of 2018, as new revenue grew slower than planned. As we closed the year, we were increasingly encouraged by the pace of business growth, including delivering all-time record traffic in December. In addition, the fourth quarter was marked by substantial progress in marketing our new products, launching a strategic partnership with Ericsson, putting in place new leadership for sales, and dedicating a new leader for our Edge services. “Traffic volumes continue to grow at healthy rates, and customer satisfaction, as measured by Net Promoter Score, remains strong. 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.