Investor Relations
Q2 2023 Highlights
- QTD Applications bookings already ahead of second quarter levels with new client wins and existing client expansion
- QTD Applications bookings more than doubled from bookings in 1Q 2023
- Customer churn was 1% in the second quarter versus 4% in 4Q22 and logo churn declined 40% in the same period
- Continued new product momentum with API Security solution in General Availability
- Awarded “Competitive Strategy Leadership Award” by Frost & Sullivan
- On track to operationalize approximately $85-90 million of expected run rate cost savings, by end of 2023 and forecasted higher by end of 2024
- Bolstered leadership team with the appointment of Todd Hinders as Chief Revenue Officer
- Notable wins for Applications include a 15,000 employee safety & security solutions company in Europe, a leading Asian webtoon company, a leading global consumer brand and an IR500 domestic pet supplies retailer.
- Achieved Amazon Web Services (AWS) Retail Competency designation with Edgio’s Applications Platform and Uplynk now available in AWS Marketplace.
250 Tbps
Network Capacity
~25K/day
Blocking 16 DDoS attacks every minute
18B
Streaming over 18 billion minutes of content every month