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Limelight Networks Reports Financial Results for the First Quarter of 2021; Issues Guidance for the Full Year 2021

Limelight Networks Reports Financial Results for the First Quarter of 2021; Issues Guidance for the Full Year 2021 News provided by Share this article Share this article SCOTTSDALE, Ariz., April 29, 2021 /PRNewswire/ Limelight Networks, Inc. (Nasdaq: LLNW) (Limelight), a leading provider of edge cloud services, today reported financial results for the first quarter ended March 31, 2021 as well as guidance for the full year ending December 31, 2021. Organization and Operational Accomplishments During the first quarter, Limelight made the following organizational changes and operational improvements to accelerate revenue growth and profitability: Appointed Bob Lyons as our new President and Chief Executive Officer Implemented a new organizational and operating model including:

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Limelight Networks: Q1 Earnings Snapshot

Limelight Networks: Q1 Earnings Snapshot
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The State of Live Streaming in 2021

The State of Live Streaming in 2021 Video dominates the internet, so much so that Cisco has predicted that 82% of all IP traffic will be video by 2022. COVID-19 has goosed that growth. Streaming video, especially to mobile, is globally essential for work, entertainment, and health. At the peak of the lockdown, mobile networks held up remarkably well to the strain of additional data traffic, as work-from-home data usage spiked dramatically. For instance, AT&T reported a 22% increase in its core network traffic and a 30% increase in wireless voice minutes. The new combined T-Mobile/Sprint saw mobile hotspot usage spike 60%, while tethering was up 57% for T-Mobile and 70% for Sprint.

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123 Net Hosts Limelight Networks Streaming Services

DBusiness Magazine 123.Net Hosts Limelight Networks Streaming Services Southfield-based 123.Net, a colocation and network services provider, has announced it has a Limelight Networks presence at its facility. Limelight is an Arizona-based provider of content delivery network and edge cloud services, and the deal will bring Limelight’s online content closer to end users in the Michigan market. 123.Net will host a Limelight Networks presence at its facility, speeding streaming services to Michigan customers. // Stock photo Southfield-based 123.Net, a colocation and network services provider, has announced it has a Limelight Networks presence at its facility. Limelight is an Arizona-based provider of content delivery network and edge cloud services, and the deal will bring Limelight’s online content closer to end users in the Michigan market.

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Aehr Test Systems (NASDAQ:AEHR), (BSY) - 12 Information Technology Stocks Moving In Wednesday s After-Market Session

Aehr Test Systems (NASDAQ:AEHR), (BSY) - 12 Information Technology Stocks Moving In Wednesday s After-Market Session
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