Tempe-based Limelight Networks Going Public

Tempe, Arizona-based Limelight Networks Inc. has filed a Form S-1 for an IPO (Initial Public Offering). Limelight Networks is a "provider of high-performance content delivery network services."

The information contained in this BAB was mined from Limelight Network's Form S-1 SEC Filing.

Limelight is estimating that their IPO will result in "net proceeds of approximately $113.9 million." The company could net $138.3 million if over-allotments are exercised.

Limelight's revenue has grown from $5.0 million in 2003 to $64.3 million in 2006. In 2006, 58% of total revenue was generated by the company's top ten customers.

Limelight has increased its number of employees from 29 at year-end to 2004 to 158 on of 1 March 2007. During this time frame, sales and marketing personnel have grown from a total of 13 to 81.

In 2006, Limelight made $40.6 million in capital expenditures. 2004 and 2005 capital expenditures were $2.6 million and $10.9 million, respectively.

Exercises
  1. Approximately $__________________ of Limelight's 2006 "total revenue" of $64.3 million was generated by their top ten customers.

  2. Limelight's net from the IPO will increase by $_________ of over-allotments are exercised.

  3. Approximately _______% of Limelight's employees are in sales and marketing.

  4. Limelight's 2006 "capital expenditures" were _______% higher than they were in 2005.


Creator: Gerald D. Thurman [gthurman@gmail.com]
Created: 28 March 2007

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