Akamai Technologies (AKAM) Tops Q1 EPS by 3c; updates guidance

Akamai Technologies (NASDAQ: AKAM) reported Q1 EPS of $1.64, $0.03 better than the analyst estimate of $1.61. Revenue for the quarter came in at $987 million versus the consensus estimate of $989.03 million.

GUIDANCE:

Akamai Technologies sees Q2 2024 EPS of $1.51-$1.56, versus the consensus of $1.64. Akamai Technologies sees Q2 2024 revenue of $967-986 million, versus the consensus of $1002 million.

Akamai Technologies sees FY2024 EPS of $6.20-$6.40, versus the consensus of $6.73. Akamai Technologies sees FY2024 revenue of $3.95-4.02 billion, versus the consensus of $4.084 billion.

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

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