Two weeks after Akamai plunged in response to its Q4 report, Limelight (LLNW -10.1%) is doing...
Wednesday, February 20, 10:07 AM ETTwo weeks after Akamai plunged in response to its Q4 report, Limelight (LLNW -10.1%) is doing the same. The CDN owner didn't provide formal guidance to go with its mixed Q4 results, it but did note on the earnings call it expects Q4 to again be its "seasonally strongest quarter." With the Street expecting roughly flat Q/Q revenue growth, that might not be going over well. New CEO Robert Lento also forecasts opex will rise Q/Q thanks to sales spending, and that R&D will rise as a % of sales in 2013.
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