Akamai Technologies (AKAM) Tops Q3 EPS by 13c; Raises Outlook

Akamai Technologies (NASDAQ: AKAM) reported Q3 EPS of $1.63, $0.13 better than the analyst estimate of $1.50. Revenue for the quarter came in at $965 million versus the consensus estimate of $943.87 million.

GUIDANCE:

Akamai Technologies sees Q4 2023 EPS of $1.57-$1.62, versus the consensus of $1.54. Akamai Technologies sees Q4 2023 revenue of $0.985-1.005 billion, versus the consensus of $0.986 billion.

Akamai Technologies sees FY2023 EPS of $6.08-$6.13, versus the consensus of $5.92. Akamai Technologies sees FY2023 revenue of $3.802-3.822 billion, versus the consensus of $3.78 billion.

For earnings history and earnings-related data on Akamai Technologies (AKAM) click here.

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