Akamai Technologies (AKAM) Tops Q1 EPS by 8c, Offers Guidance

Akamai Technologies (NASDAQ: AKAM) reported Q1 EPS of $1.40, $0.08 better than the analyst estimate of $1.32. Revenue for the quarter came in at $916 million versus the consensus estimate of $910.51 million.

GUIDANCE:

Akamai Technologies sees Q2 2023 EPS of $1.38-$1.42, versus the consensus of $1.35. Akamai Technologies sees Q2 2023 revenue of $923-937 million, versus the consensus of $919 million.

Akamai Technologies sees FY2023 EPS of $5.69-$5.84, versus the consensus of $5.48. Akamai Technologies sees FY2023 revenue of $3.74-3.785 billion, versus the consensus of $3.73 billion.

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

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