Akamai Earnings Top Estimates Amid High Expectations For Video Traffic Jump [Investor's Business Daily]
Akamai Technologies, Inc. (AKAM)
Last akamai technologies, inc. earnings: 4/28 04:01 pm
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Source: Investors Business Daily
Related news Akamai Technologies ( AKAM ) reported first-quarter earnings that topped Wall Street targets despite the coronavirus emergency. While Akamai earnings guidance for the June quarter came in above views, shares fell in extended trading. Cambridge, Mass.-based Akamai stock fell nearly 5% to 96.75 in extended trading on the stock market today . Akamai stock has rallied on views that traffic volume on its content delivery network has jumped as stay-at-home consumers engage in more video streaming. Akamai earnings rose 9% to $1.20 an adjusted share, the company said. The internet infrastructure provider's revenue climbed 8% to $764 million. Analysts expected Akamai earnings of $1.16 a share on revenue of $749.7 million for the period ended March 31. A year earlier, Akamai earned $1.10 a share on sales of $698 million. The company said earnings before interest, taxes, depreciation and amortization, or EBITDA, rose 9% to $327 million. Analysts had projected EBITDA of $317 million
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News
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- Akamai Cloud Achieves FedRAMP High Ready Status, Advancing Secure Cloud Solutions for Federal AgenciesGlobeNewswire
- Unpacking Q3 Earnings: Akamai Technologies (NASDAQ:AKAM) In The Context Of Other Content Delivery Stocks [Yahoo! Finance]Yahoo! Finance
- Akamai Accelerates API Monetization for AccuWeather® with New Zuplo API Gateway PartnershipGlobeNewswire
AKAM
Earnings
- 11/6/25 - Beat
AKAM
Sec Filings
- 12/1/25 - Form 4
- 12/1/25 - Form 144
- 11/17/25 - Form 144
- AKAM's page on the SEC website