Akamai Technologies (AKAM) Reports In-Line Q1 EPS
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Revenue Growth %: +4.8%
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Research and development: 42.34M
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Akamai Technologies (NASDAQ: AKAM) reported Q1 EPS of $0.61, in-line with the analyst estimate of $0.61. Revenue for the quarter came in at $527 million versus the consensus estimate of $526.79 million.
"Q1 was another strong quarter for Akamai driven by continued solid revenue performance across all of our geographies and all of our major product lines, with especially strong growth from our Cloud Security Solutions," said Dr. Tom Leighton, CEO of Akamai. "We continued to make major investments in the expansion of our platform and product portfolio to make the Internet fast, reliable and secure for our customers."
For earnings history and earnings-related data on Akamai Technologies (AKAM) click here.
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