Jefferies Downgrades Akamai Technologies (AKAM) to Hold
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Akamai (AKAM) Q4 Results Weak, Losing Video Customers to Level 3 (LVLT), but Bullish Trend Intact
February 7, 2013 11:59 AM ESTAkamai Technologies (Nasdaq: AKAM) stock opened significantly lower on Thursday after the company reported Q4 results and guidance that failed to meet expectations. Oppenheimer analyst Timothy Horan said the company may have lost some of its video customers to Level 3 Communications (NYSE: LVLT) due to... More
Janney Montgomery Scott Downgrades Akamai Technologies (AKAM) to Neutral
February 7, 2013 7:34 AM ESTJanney Montgomery Scott downgraded Akamai Technologies (NASDAQ: AKAM) from Buy to Neutral with a price target of $40.00 (from $45.00) following Q4 results and outlook.
For an analyst ratings summary and ratings history on Akamai Technologies... More
Akamai Technologies, Inc. (AKAM) Tops Q4 EPS by 4c; Approves $150M Buyback
February 6, 2013 4:02 PM ESTAkamai Technologies, Inc. (NASDAQ: AKAM) reported Q4 EPS of $0.54, $0.04 better than the analyst estimate of $0.50. Revenue for the quarter came in at $378 million versus the consensus estimate of $381.07 million.
Board of Directors authorizes $150 million extension of share repurchase program.
Sees Q1... More
