Is Web content delivery network Limelight Networks (LLNW) seeing slower growth from its media and entertainment business — the same problem larger rival Akamai Technologies (AKAM) warned about last month? Or will new video projects push Limelight’s guidance past Wall Street’s expectations?
Limelight reports Q2 earnings after the bell. We’ll cover their results live beginning at 4 p.m. ET, including live analysis and live coverage of Limelight’s conference call at 5 p.m. ET. Check our homepage or here for a link to our live coverage.
Most important: Limelight’s look ahead. Investors will want to know if Limelight is feeling any pain from the crappy U.S. economy — or if the company expects revenue upside from its video streaming deals with NBC for the Olympics; Netflix (NFLX), which is expanding its movie streaming service to Xbox 360s and LG Blu-ray players later this year; and Amazon (AMZN), which is rolling out a new movie streaming service.
We also expect to hear a progress report from Limelight management about a workaround they’ve been developing to avoid infringing an Akamai-owned patent. If Limelight says much (or all) of its business is now on a content delivery system that doesn’t infringe any patents, that’ll be good news. This spring, the company estimated about half its business was infringing the patent.
Revenue: $28.89 million consensus
EPS: -$0.03 consensus
Customers: 1,317 (Jefferies)
Q3 Revenue: $30.8 million consensus
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