Data source: Limelight Networks.
This is a good time for the industry and a particularly good time for us. So our growth is accelerating, the profitability of the business is accelerating.
The patent lawsuits and all good network earnings that is all behind us and we are working in a good industry, in a good neighborhood. Even in the pandemic, we're working in one of the select few industries that are actually doing better because of the pandemic.
Image source: Getty Images. On the earnings callCEO Bob Lento explained that Limelight's CDN business is booming thanks to a plethora of video-streaming service launches over the last year, but the recently launched edge computing services may turn out to be the larger growth driver in the long run.
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How much of that is addressable with our customer base remains to be seen," Lento said. The company is in a good position to build on this early success as the streaming market matures.
Tuesday's falling share prices look like an invitation to pick up Limelight shares at a temporary discount. Motley Fool Returns.
When he's not busy writing about cybersecurity, cloud computing, and other fascinating technologies, he enjoys running and traveling. On Oct. That suggested lower-than-expected growth potential in the content delivery network CDN industry, which includes Limelight Networks.