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Last $1.68 USD
Change Today -0.04 / -2.33%
Volume 61.9K
LLNW On Other Exchanges
As of 5:10 PM 11/27/15 All times are local (Market data is delayed by at least 15 minutes).

limelight networks inc (LLNW) Snapshot

Previous Close
Day High
Day Low
52 Week High
05/28/15 - $4.43
52 Week Low
11/19/15 - $1.50
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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limelight networks inc (LLNW) Details

Limelight Networks, Inc. provides content delivery network services to deliver digital content over the Internet in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers the Orchestrate Platform, a suite of integrated services, which include content delivery services, video content management services, performance services for Website and Web application acceleration, and cloud storage services for various devices. It also offers professional services and other infrastructure services, such as transit and rack space services. The company serves traditional and emerging media companies operating in the television, music, radio, newspaper, magazine, movie, game, software, and social media industries, as well as enterprises, technology companies, and government entities conducting business online. Limelight Networks, Inc. was founded in 2001 and is headquartered in Tempe, Arizona.

556 Employees
Last Reported Date: 11/4/15
Founded in 2001

limelight networks inc (LLNW) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $475.0K
Chief Financial Officer
Total Annual Compensation: $325.0K
Chief Strategy Officer
Total Annual Compensation: $457.1K
Total Annual Compensation: $281.2K
Chief Sales Officer
Total Annual Compensation: $275.0K
Compensation as of Fiscal Year 2014.

limelight networks inc (LLNW) Key Developments

Limelight Networks Intent to File Appeal to the Supreme Court of the United States

Limelight Networks announced that it will seek review by the Supreme Court of the United States (SCOTUS) of the recent decision by the U.S. Court of Appeals for the Federal Circuit to reinstate the 2008 jury verdict of infringement in its long-standing dispute with Akamai. Limelight believes that the recent ruling expands the scope of liability in a fashion that was neither intended by Congress nor consistent with prior legal precedent. This is similar to what the en banc court did in August 2012 when it created an expanded standard for induced infringement, which was later overturned by SCOTUS. Limelight has had the support from leaders in the technology sector before, and expects to have that support again with this appeal.

Limelight Networks, Inc. Announces CFO Changes

Limelight Networks, Inc. announced that Pete Perrone has informed the company of his intent to resign his duties as chief financial officer effective December 4, 2015. Sajid Malhotra, chief strategy officer, has been named interim CFO, effective December 4, 2015, until a permanent CFO is named. Mr. Malhotra joined the company in April 2014 as the senior vice president in charge of strategy, facilities, investor relations and procurement. He was promoted to chief strategy officer in June 2015.

The U.S. Court of Appeals for the Federal Circuit Rejects Limelight Networks Inc.'s Request for Appeal

The U.S. Court of Appeals for the Federal Circuit rejected Limelight Networks Inc.'s request for appeal in its patent infringement feud with Akamai Technologies Inc. In a Nov. 16 ruling, the appeals court called for the reinstatement of the jury verdict against Limelight in the case and said that the arguments in the company's cross-appeal have no merit. Limelight said the same day that it will study all options and determine next steps, including a possible review by the U.S. Supreme Court. Akamai sued Limelight in 2006 for infringing on its Internet content delivery patent. It initially won, but that verdict was overturned in 2009, leading Akamai to appeal the case. In 2012, a federal appeals court ruled to reopen the lawsuit, after previously upholding a lower court's ruling that favored Limelight. The appeals court in May ruled that Limelight is not liable for directly infringing on a patent owned by Akamai.


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Price/Sales 1.0x
Price/Book 0.9x
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TEV/Sales 0.6x

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