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Limelight Networks, Inc.
2/11/2021
Good day and welcome to the Limelight Network's Q4 2020 Earnings Call-In Webcast. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your touchtone phone. If you would like to withdraw your question, please press star then two. Please note this event is being recorded. I would now like to turn the conference over to Dan Bonsall, CFO. Please go ahead.
Good afternoon, and thank you for joining Limelight Network's 2020 Fourth Quarter Financial Results Conference Call. This call is being recorded on February 11, 2021, and will be archived on our website for approximately 10 days. Let me start by quickly covering the safe harbor. We would like to remind everyone that we will be making forward-looking statements on this call. Forward-looking statements are all statements that are not strictly statements of historical fact, such as our priorities, our expectations, our operational plans, business strategies, secular trends, and product and feature functionality announcements. Actual results could differ materially from those contemplated by our forward-looking statements, and reported results should not be considered as an indication of future performance. For more information, please refer to the risk factors discussed in our periodic filings, including our most recent annual report on Form 10-K. The forward-looking statements on this call are based on information available to us as of today's date, and we disclaim any obligation to update any forward-looking statements except as required by law. Joining me on the call today is Bob Lyons, our new President and Chief Executive Officer. Bob will start today's call with a brief introduction I'll then review financial results in detail. Following that, Bob will use the remainder of the call to discuss our immediate and longer term plans to drive sustainable growth and profitability at Limelight. We will then open the call for Q&A. I'll now turn the call over to Bob.
Thank you, Dan, and welcome, everyone. I am thrilled to join Limelight and speak with all of you today. I joined this company because of the enormous potential in front of us. Limelight has an impressive list of blue chip customers, is competing in a large and growing market, and possesses a unique set of capabilities. While these things are true, our landscape is rapidly changing, and there are challenges here that need to be addressed. The growth and profitability of the company today are not where they need to be. Further, a refined strategy and better execution are critical for our success. Clearly, I believe in our ability to close these gaps and position this company as a leader delivering edge-based solutions. Later in this call, I will outline the immediate steps we are taking to address our challenges and position the company to pursue Rule of 40 performance. At this time, I'll turn it over to Dan to report fourth quarter financials. Dan?
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