Akamai Technologies (NASDAQ: AKAM) reported Q4 EPS of $1.33, $0.02 better than the analyst estimate of $1.31. Revenue for the quarter came in at $846 million versus the consensus estimate of $829.46 million.

"Akamai's strong fourth quarter performance capped off an excellent year in which we surpassed $3 billion in revenue and achieved record earnings per share," said Dr. Tom Leighton, CEO of Akamai. "In addition, our security portfolio exceeded $1 billion in revenue, we delivered record traffic levels on our network and we accomplished our 30% non-GAAP operating margin goal. I am very proud of how the Akamai team supported our global customers and billions of internet users who relied on the internet more than ever before during the COVID-19 pandemic. As we look forward to 2021, we expect to continue investing in innovation and new products with the goal of accelerating our market leadership in security, edge computing and video streaming."

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