Dear Stockholders: 2023 was a year of significant transformation for Edgio. We encountered both expected and unforeseen challenges, including the ongoing.
Operator: Good day, ladies and gentlemen. Welcome to the Edgio 2022 Fourth Quarter Financial Results Conference Call. At this time, all participants are in a listen-only mode.
Q4 2022 revenue of $108.8 million, 90% year over year growth
Applications pipeline increase of approximately 80% for 2023, to date
$85-$90 million of run rate savings expected by YE23, forecasted higher by YE24
Capital expenditure, net of payments from ISPs, was $4.5 million or 4% of revenue