Akamai Technologies (AKAM) Reports In-Line Q2 EPS
Get Alerts AKAM Hot Sheet
Revenue Growth %: +4.8%
Financial Fact:
General and administrative: 113.32M
Today's EPS Names:
MAYS, CRMT, REPL, More
Join SI Premium – FREE
Akamai Technologies (NASDAQ: AKAM) reported Q2 EPS of $0.64, in-line with the analyst estimate of $0.64. Revenue for the quarter came in at $572 million versus the consensus estimate of $574.86 million.
"The second quarter was another solid quarter for Akamai, with strong year-over-year earnings growth and cash flow generation," said Dr. Tom Leighton, Chief Executive Officer. "We were particularly pleased with the continued strength of our Cloud Security Solutions, which grew 42% year over year and exited the quarter at a $360 million annualized revenue run rate."
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
- Sun Communities names Ileana McAlary as general counsel and EVP
- OneMain (OMF) Reiterated at Market Outperform by Citizens on Updated Estimates
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