Akamai Technologies (AKAM) Tops Q1 EPS by 3c
Get Alerts AKAM Hot Sheet
EPS Growth %: -8.7%
Financial Fact:
Interest income: 3.81M
Today's EPS Names:
OCCI, MAYS, CRMT, More
Join SI Premium – FREE
Akamai Technologies (NASDAQ: AKAM) reported Q1 EPS of $0.66, $0.03 better than the analyst estimate of $0.63. Revenue for the quarter came in at $568 million versus the consensus estimate of $563.81 million.
"Q1 was a very solid quarter for Akamai on both the top and bottom lines, representing a great start to 2016," said Dr. Tom Leighton, Chief Executive Officer. "We delivered earnings that exceeded our expectations and saw continued strong revenue growth from our Cloud Security Solutions, which grew 47% year-over-year in constant currency."
Akamai delivered the following results for the first qu
For earnings history and earnings-related data on Akamai Technologies (AKAM) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Worried the AI trade has gone too far? Evercore likes these 4 stocks
- Accenture downgraded by TD Cowen on AI concerns
Create E-mail Alert Related Categories
Earnings, Management CommentsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share