Limelight Networks rallies to 52-week high after lifting guidance

|About: Limelight Networks, Inc. (LLNW)|By:, SA News Editor

Limelight Networks (NASDAQ:LLNW) sails in premarket trading after topping Q1 estimates and raising its 2017 outlook.

The company now expects 2017 revenue of $177M to $181M vs. $17M to $180M prior and $177.8M consensus. The view on full-year EPS moves to $0.03 to $0.06 vs. $0.02 to $0.06 prior and $0.04 consensus.

Previously: Limelight Networks beats by $0.05, beats on revenue (April 24)

LLNW +11.64% premarket to $3.07 (52-week high).