Akamai Technologies (AKAM) Reports In-Line Q2 EPS
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EPS Growth %: +13.6%
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General and administrative: 113.32M
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Akamai Technologies (NASDAQ: AKAM) reported Q2 EPS of $0.64, in-line with the analyst estimate of $0.64. Revenue for the quarter came in at $572 million versus the consensus estimate of $574.86 million.
"The second quarter was another solid quarter for Akamai, with strong year-over-year earnings growth and cash flow generation," said Dr. Tom Leighton, Chief Executive Officer. "We were particularly pleased with the continued strength of our Cloud Security Solutions, which grew 42% year over year and exited the quarter at a $360 million annualized revenue run rate."
For earnings history and earnings-related data on Akamai Technologies (AKAM) click here.
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