Akamai Technologies, Inc. (AKAM) Tops Q1 EPS by 4c

Akamai Technologies, Inc. (NASDAQ: AKAM) reported Q1 EPS of $0.58, $0.04 better than the analyst estimate of $0.54. Revenue for the quarter came in at $454 million versus the consensus estimate of $440.43 million.

"Our first quarter results demonstrated continued momentum across all our solution offerings and geographies, driven by traffic acceleration in Media Delivery Solutions and strong traction across our Security portfolio," said Tom Leighton, CEO of Akamai. "We believe that our unparalleled technology for optimizing and securing the delivery of online content and business applications, along with our continued investments across the business, enable us to provide more value to our customers than ever before."

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

You May Also Be Interested In

• Tesla touts acceleration of new models, but Q1 results fall short of estimates
• Highwoods Properties (HIW) Tops Q1 EPS by 6c, provides guidance
• IDEX Corp. (IEX) Tops Q1 EPS by 13c ; Offers Guidance