Limelight Networks, Inc. Announces Significant Enhancements for Media and Broadcasters
Sep 10 15
Limelight Networks, Inc. announced significant enhancements that simplify the delivery of video content with the Limelight OrchestrateTM Solution for Media and Broadcasters. This cloud-based, integrated end-to-end workflow solution makes it easy for organizations to manage, publish, and deliver live and on-demand video content. The new features enable better control of cached content, improve performance of long-tail content, convert live content automatically to popular mobile formats, and ensure uptime and availability of video delivery websites. Key functionalities of the Limelight Orchestrate solution for Media and Broadcasters now include: SmartPurge: Real-time purge makes content inaccessible globally even as it is being deleted from caches, accurately purging unwanted content from the global CDN within seconds. Multi-Device Media Delivery (MMD) Live: Stream live media to multiple device platforms simultaneously. Limelight automatically transcodes or transmuxes digital content depending on the requesting device. MediaMover: Regardless of library or file size, easily and efficiently migrate origin content to Limelight’s cloud storage. By storing popular assets in Orchestrate storage, media and broadcaster organizations can protect their origin from request spikes and improve the performance on cache miss through CDN-accelerated retrieval from cloud storage. Available later in 2015. DDoS Attack Interceptor: Detects and mitigates network and application layer DDoS attacks. Automatic Transcoding: Ensures live content is mobile-ready and viewable when, where and how viewers want it. MPEG-DASH is now supported along with all popular formats.
eDreams Odigeo Selects Limelight Networks, Inc. to Power Global Delivery for Their Online Travel Websites
Aug 26 15
Limelight Networks, Inc. announced that eDreams Odigeo selected the Limelight OrchestrateTM Delivery service to deliver its e-commerce web sites. eDreams Odigeo initially had an internal platform supporting its websites, but needed far more functionality, speed, scalability, and a better global reach. In addition to improving the e-commerce experience, eDreams Odigeo now has detailed reporting capabilities through the Limelight Orchestrate Delivery platform. Actionable analytics include visibility into each global location where their website is accessed, traffic patterns as well as when and what content is viewed. These analytics are essential for making good business decisions.
Limelight Networks, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Revenue Guidance for the Third Quarter of 2015; Revises Earnings Guidance for the Full-Year 2015
Aug 3 15
Limelight Networks, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenues of $43,795,000 against $41,343,000 a year ago. Operating loss was $6,216,000 against $6,976,000 a year ago. Loss from continuing operations before income taxes was $6,272,000 against $7,111,000 a year ago. Loss from continuing operations was $6,362,000 or $0.06 per basic and diluted share against $7,138,000 or $0.07 per basic and diluted share a year ago. Net loss was $6,362,000 or $0.06 per basic and diluted share against $6,869,000 or $0.07 per basic and diluted share a year ago. Net cash provided by operating activities of continuing operations was $587,000 against $1,502,000 a year ago. Purchases of property and equipment were $5,395,000 against $5,844,000 a year ago. Non-GAAP net loss was $4,055,000 or $0.04 per share against $3,630,000 or $0.04 per share. EBITDA from continuing operations was $1,205,000 against $1,855,000 a year ago. Adjusted EBITDA was $901,000 against $1,315,000 a year ago.
For the six months, the company reported revenues of $86,124,000 against $82,512,000 a year ago. Operating loss was $13,727,000 against $14,635,000 a year ago. Loss from continuing operations before income taxes was $11,900,000 against $14,695,000 a year ago. Loss from continuing operations was $12,045,000 or $0.12 per basic and diluted share against $14,695,000 or $0.15 per basic and diluted share a year ago. Net loss was $12,045,000 or $0.12 per basic and diluted share against $14,509,000 or $0.15 per basic and diluted share a year ago. Net cash used in operating activities of continuing operations was $3,961,000 against $588,000 a year ago. Purchases of property and equipment were $12,061,000 against $8,909,000 a year ago. Non-GAAP net loss was $6,452,000 or $0.07 per share against $8,019,000 or $0.08 per share. EBITDA from continuing operations was $3,923,000 against $4,111,000 a year ago. Adjusted EBITDA was $1,271,000 against $1,911,000 a year ago.
For the full-year 2015, the company is raising revenue guidance to between $170 and $174 million from the previous guidance provided last quarter of between $164 and $170 million. Non-GAAP net loss is now expected to be between $0.10 and $0.16 per share, compared to guidance provided last quarter of a net loss of between $0.08 and $0.18 per share. Capital expenditures for the full-year 2015 are expected to be between $22 and $26 million.
The company's revenue for the third quarter of 2015 is expected to be between $42 and $44 million.