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Stock impact report

Akamai Technologies (AKAM) Stock Sinks As Market Gains: Here's Why [Yahoo! Finance]

Akamai Technologies, Inc. (AKAM) 
Last akamai technologies, inc. earnings: 4/28 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.akamai.com
Company Research Source: Yahoo! Finance
The stock trailed the S&P 500, which registered a daily gain of 0.01%. On the other hand, the Dow registered a gain of 0.55%, and the technology-centric Nasdaq decreased by 0.44%. Shares of the cloud services provider witnessed a gain of 2% over the previous month, beating the performance of the Computer and Technology sector with its loss of 0.69%, and the S&P 500's gain of 0.86%. The investment community will be paying close attention to the earnings performance of Akamai Technologies in its upcoming release. The company's earnings per share (EPS) are projected to be $1.75, reflecting a 5.42% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $1.08 billion, indicating a 5.62% growth compared to the corresponding quarter of the prior year. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $7.04 per share and a revenue of $4.19 billion, representing changes of +8.64% and 0%, res Show less Read more
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