Akamai (AKAM) PT Raised to $65 at Stifel
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Akamai Reports Third Quarter 2016 Financial Results
October 25, 2016 4:01 PM EDTCAMBRIDGE, Mass., Oct. 25, 2016 /PRNewswire/ --
Revenue of $584 million, up 6% year-over-year and up 5% when adjusted for foreign exchange* Revenue excluding Internet Platform Customers(1) up 15% year-over-year and up 15% when adjusted for foreign exchange* GAAP EPS of $0.43 per diluted share, down 12% year-over-year and down 15% when adjusted for foreign exchange* Non-GAAP EPS of $0.68 per diluted share, up 10% year-over-year and up 7% when adjusted for foreign exchange*Akamai Technologies, Inc. (NASDAQ: AKAM), the global leader in Content Delivery Network (CDN) services, today reported financial results for... More
