The content-delivery network operator missed Wall Street's expectations, but management said that next year will be better.
News & Analysis: Limelight Networks
A guidance cut didn't sit well with investors.
LLNW earnings call for the period ending July 17, 2019.
LLNW earnings call for the period ending March 31, 2019.
The data delivery specialist's CFO adds important color to the fourth-quarter numbers.
LLNW earnings call for the period ending December 31, 2018
Marijuana stocks were broadly lower on the day.
The data delivery specialist is pumping the revenue brakes in the fourth quarter, preparing for much bigger gains in 2019.
The content delivery network is leaving low-margin business on the table in order to focus on more profitable contracts. Some investors seem to be nervous about that idea.
An analyst note said that this summer's share price drops have "disconnected" the stock from Limelight's fundamental business value.