Will Healthy Revenue Growth Boost Akamai's (AKAM) Q1 Earnings? [Yahoo! Finance]
Akamai Technologies, Inc. (AKAM)
Last akamai technologies, inc. earnings: 4/28 04:01 pm
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Source: Yahoo! Finance
In the last reported quarter, the company delivered an earnings surprise of 6.29%. It pulled off a trailing four-quarter earnings surprise of 6.49%, on average. The company is expected to report higher revenues year over year, backed by healthy demand in security and compute verticals. Management's focus on expanding its portfolio to cater to advanced use cases is a tailwind. Factors at Play During the quarter, Akamai teamed up with Neural Magic to create high-powered deep-learning AI software tailored for Akamai's distributed computing infrastructure. The development of a high-performing platform capable of efficiently running deep learning AI on CPU-based servers is the primary objective of this strategic collaboration. Scaleflex, a visual experience platform that specializes in providing solutions for managing and optimizing digital media assets, inked a deal to become an integral part of the Akamai Qualified Computing Partner Program. The venture aims to aid businesses seeki
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AKAM
News
- Akamai (AKAM) Partners EZDRM to Expand Computing Program [Yahoo! Finance]Yahoo! Finance
- Akamai Technologies, Inc. (NASDAQ: AKAM) had its "hold" rating re-affirmed by analysts at Needham & Company LLC.MarketBeat
- EZDRM Joins Akamai Qualified Compute Partner Program [Yahoo! Finance]Yahoo! Finance
- EZDRM Joins Akamai Qualified Compute Partner ProgramPR Newswire
- Akamai Technologies, Inc. (NASDAQ: AKAM) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
AKAM
Earnings
- 5/9/24 - Beat
AKAM
Sec Filings
- 5/17/24 - Form 4
- 5/16/24 - Form 8-K
- 5/15/24 - Form 4
- AKAM's page on the SEC website