Akamai's Q3 Earnings In Line With Estimates, Revenues Rise Y/Y [Yahoo! Finance]
Akamai Technologies, Inc. (AKAM)
Last akamai technologies, inc. earnings: 4/28 04:01 pm
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Source: Yahoo! Finance
Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar The company recorded higher revenues year over year, driven by healthy demand trends in multiple end markets. Strength in API security solutions was a positive factor. The introduction of advanced video workflow capabilities and the integration of Yospace into its Qualified Compute Partner Program have been driving more value for customers and boosting the top line. GAAP net income declined to $57.9 million or 38 cents per share from $160.5 million or $1.04 per share in the year-ago quarter. Despite top-line growth, the decline in GAAP earnings was primarily due to high operating expenses. Non-GAAP net income was $243.5 million or $1.59 per share, down from $251.1 million or $1.63 per share a year ago. The bottom line was in sync with the Zacks Consensus Estimate. Akamai Technologies, Inc. price-consensus-eps-surprise-chart | Akamai Technologies, Inc. Quote Akamai generated $1,004.7 million in revenues
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News
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AKAM
Earnings
- 11/7/24 - Beat
AKAM
Sec Filings
- 11/15/24 - Form 4
- 11/15/24 - Form 4
- 11/15/24 - Form 144
- AKAM's page on the SEC website