Akamai Technologies (AKAM) Tops Q1 EPS by 8c

Akamai Technologies (NASDAQ: AKAM) reported Q1 EPS of $1.38, $0.08 better than the analyst estimate of $1.30. Revenue for the quarter came in at $843 million versus the consensus estimate of $829.61 million.

"We are pleased with our excellent start in 2021, with revenue, margins and earnings all exceeding expectations," said Dr. Tom Leighton, Chief Executive Officer. "We continued to capitalize on the substantial opportunities for our business, as demonstrated by the very strong growth of our security and edge applications solutions and strong traffic growth on the Akamai Intelligent Edge Platform."

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

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