Akamai Reports First Quarter 2015 Financial Results

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Go back to Akamai Reports First Quarter 2015 Financial Results

Deutsche Bank Upgrades Akamai Technologies (AKAM) to Buy

April 29, 2015 6:43 AM EDT

Deutsche Bank upgraded Akamai Technologies (NASDAQ: AKAM) from Hold to Buy with a price target of $79.00 (from $73.00). Analyst Vijay Bhagavath is bullish on cloud security and internet media.

"With buyside expectations reset following an inline Q1 and light Q2 guide versus consensus... More

Akamai Technologies (AKAM) Reports In-Line Q1 EPS

April 28, 2015 4:02 PM EDT

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... More