Limelight Networks(R) Reports Fourth Quarter and Full Year 2010 Results

Limelight Networks, Inc. (Nasdaq:LLNW) today reported fourth quarter and full-year 2010 financial results. Highlights included:

-- Record Q4 revenue of $55.2 million and full-year 2010 revenue of $183.3 million
-- Q4 Core content delivery business revenue growth of 21% year-over-year
-- Continued expansion of cloud-based and consulting services, which comprised 36% of Q4 revenue: -- Q4 Mobile revenue growth exceeded 200% year-over-year
-- Q4 Site and application acceleration services growth exceeded 150% year over year
-- Q4 Enterprise cloud storage growth exceeded 40% year-over-year
-- Q4 Online video platform growth exceeded 110% year-over-year
-- Achievement of $0.01 of non-GAAP net income per share in Q4, excluding acquisition-related income tax expense

Read more: Limelight Networks Inc ( LLNW )

Shutterfly Announces Third Quarter 2010 Financial Results

Shutterfly, Inc. (NASDAQ: SFLY), a leading Internet-based social expression and personal publishing service, today announced financial results for the three months ended September 30, 2010.

“Shutterfly continued the momentum from the first half of the year to drive record third quarter revenues, customers, orders and EBITDA,” said President and Chief Executive Officer Jeffrey Housenbold. “Investments in our product and service offerings, platform infrastructure and people throughout 2010 have positioned us well for the Q4 holiday shopping period. Our commitment to innovation, design forward products and services, customer friendly policies, industry-leading quality and focused financial discipline continue to differentiate Shutterfly from the competition.”

Read more: Shutterfly Inc ( SFLY )

Mecox Lane Limited Announces Pricing of Initial Public Offering on the NASDAQ Global Market

Mecox Lane Limited ("Mecox Lane" or the "Company") (Nasdaq:MCOX), which operates China's leading online platform for apparel and accessories as measured by revenues in 2009, today announced that its initial public offering of 11,742,857 American depositary shares ("ADSs"), each representing seven ordinary shares of the Company, was priced at $11.00 per ADS. Of the 11,742,857 ADSs being offered, 9,714,286 ADSs are offered by Mecox Lane, and 2,028,571 ADSs are offered by the selling shareholders. The Company will not receive any proceeds from the ADSs sold by the selling shareholders. The underwriters have been granted a 30-day option to purchase up to an additional 1,761,429 ADSs from Mecox Lane and certain selling shareholders. The ADSs will begin trading on the NASDAQ Global Market on October 26, 2010 under the symbol "MCOX."

Read more: Mecox Lane Limited ( MCOX )

Sohu.com Reports Third Quarter 2010 Unaudited Financial Results

Sohu.com Inc. (Nasdaq: SOHU), China's leading online media, communications, search, online games and wireless value-added services group, today reported unaudited financial results for the third quarter ended September 30, 2010.

Third Quarter 2010 Highlights (1)

-- Record high total revenues and record high revenues for brand advertising, search and online games. All such operating parameters exceeded high end of Group guidance.
-- Total revenues were US$164.1 million, up 20% year-on-year, and 12% quarter-over-quarter.
-- Brand advertising revenues were US$59.1 million, up 22% year-over-year and 11% quarter-over-quarter.

Read more: Sohu.com Inc ( SOHU )

ChinaCache International Holdings Ltd. Announces Pricing of Initial Public Offering on the NASDAQ Global Market

ChinaCache International Holdings Ltd., ("ChinaCache" or the "Company") (Nasdaq: CCIH), the leading provider of Internet content and application delivery services in China, today announced that its initial public offering of 6,060,980 American depositary shares ("ADSs"), each representing 16 ordinary shares of the Company, was priced at $13.90 per ADS. The ADSs will begin trading on the NASDAQ Global Market today under the symbol "CCIH."

Of the 6,060,980 ADSs being offered, 5,014,100 ADSs are offered by ChinaCache, and 1,046,880 ADSs are offered by the selling shareholders. The underwriters have been granted a 30-day option to purchase up to an additional 909,147 ADSs from ChinaCache.

BofA Merrill Lynch and Deutsche Bank Securities Inc. are serving as joint bookrunners for the offering. The co-managers of the offering are Oppenheimer & Co. and Pacific Crest Securities.

Read more: ChinaCache International Holdings Ltd ( CCIH )