Cowen Cuts Price Target on Akamai Technologies (AKAM) Following 2Q15 Results

Go back to Cowen Cuts Price Target on Akamai Technologies (AKAM) Following 2Q15 Results

Akamai Reports Second Quarter 2015 Financial Results

July 28, 2015 4:01 PM EDT

CAMBRIDGE, Mass., July 28, 2015 /PRNewswire/ --

Revenue of $541 million, up 14% year-over-year and up 18% adjusted for foreign exchange* GAAP EPS of $0.37 per diluted share, down 8% year-over-year and down 2% adjusted for foreign exchange* Non-GAAP EPS of $0.57 per diluted share, down 2% year-over-year and up 3% adjusted for foreign exchange*

Akamai Technologies, Inc. (NASDAQ: AKAM), the global leader in Content Delivery Network (CDN) services, today reported financial results for the second quarter ended June 30, 2015.... More