Limelight Posts Q3

TEMPE, Ariz. -- Limelight Networks, Inc. (Nasdaq: LLNW - News) today reported third-quarter 2008 revenue of $33.1 million and a net loss of $15.4 million, or 18 cents per basic share. Non-GAAP net loss, adjusted for certain charges, was $0.5 million or 1 cent per basic share. EBITDA, adjusted for share-based compensation, litigation and potential damage cost accruals, was $5 million. The non-GAAP loss of 1 cent per basic share excludes a charge of 13 cents per basic share related to litigation and potential damage cost accruals, and 5 cents per basic share of share-based compensation.

A reconciliation of GAAP to non-GAAP net income is included in the attached tables.

"Disciplined execution enabled us to achieve strong sequential growth in the third quarter," commented Jeff Lunsford, chairman and chief executive officer, Limelight Networks, Inc. "We experienced new traffic records across our network and, even in this tough economic environment, are continuing to see attractive growth opportunities within the media, software, game and enterprise customer segments."

Limelight Networks Inc. (Nasdaq: LLNW)