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Edgio reports preliminary Q4 revenue $107M-$109M, consensus $110.67M
The Fly

Edgio reports preliminary Q4 revenue $107M-$109M, consensus $110.67M

Reports preliminary Q4 capital expenditures $2.5M due to disciplined spend, focus on high margin businesses and existing capacity in the Company’s network. Lyons concluded, "Operationally, our business continues to generate positive results following our transformative combination with Edgecast last year. We are seeing validation of the efficacy of our strategy and our solutions as evidenced by new business wins with large, tech-savvy clients, making meaningful progress on improving profitability, and integrating the combined capabilities of our Layer0 and Edgecast acquisitions. We remain confident in our ability to continue accelerating our commercial momentum going forward."

Published first on TheFly

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