Akamai Technologies (AKAM) Tops Q2 EPS by 2c, Beats on Revenues

Akamai Technologies (NASDAQ: AKAM) reported Q2 EPS of $0.62, $0.02 better than the analyst estimate of $0.60. Revenue for the quarter came in at $609 million versus the consensus estimate of $604.54 million.

• Revenue of $609 million, up 6% year-over-year and 7% when adjusted for foreign exchange*
• Revenue excluding Internet Platform Customers(1) up 9% year-over-year and 10% when adjusted for foreign exchange*
• GAAP EPS of $0.33 per diluted share, down 21% year-over-year and up 1% when adjusted for foreign exchange and the dilutive effect of the Soasta acquisition*
• Non-GAAP EPS of $0.62 per diluted share, down 3% year-over-year and up 4% when adjusted for foreign exchange and the dilutive effect of the Soasta acquisition*

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

You May Also Be Interested In

• Greenbrier Cos. (GBX) Reports In-Line Q3 EPS
• Global-e completes $350M acquisition of Passport logistics firm
• Franklin Covey (FC) Misses Q3 EPS by 2c, lowers Guidance