Akamai Technologies (AKAM) Tops Q1 EPS by 4c, Revs Beat
Get Alerts AKAM Hot Sheet
EPS Growth %: +13.6%
Financial Fact:
General and administrative: 113.32M
Today's EPS Names:
FRSB, DGICA, UXIN, More
Join SI Premium – FREE
Akamai Technologies (NASDAQ: AKAM) reported Q1 EPS of $1.20, $0.04 better than the analyst estimate of $1.16. Revenue for the quarter came in at $764 million versus the consensus estimate of $749.76 million.
"During these unprecedented times, I am very proud of how Akamai employees continue to support our customers, our communities, and each other, and my heart goes out to those most deeply impacted by the COVID-19 crisis," said Dr. Tom Leighton, CEO of Akamai. "We achieved excellent results in the first quarter driven by continued strength in our security solutions and stronger than expected traffic growth. Akamai\'s Intelligent Edge Platform is uniquely positioned to help the Internet scale quickly and is a lifeline for organizations and people around the globe during this challenging time."
For earnings history and earnings-related data on Akamai Technologies (AKAM) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Gilead Sciences (GILD) Misses Q1 EPS by 288c
- Customers Bancorp (CUBI) Tops Q1 EPS by 3c
- South Plains Financial Inc. (SPFI) Tops Q1 EPS by 6c
Create E-mail Alert Related Categories
EarningsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!