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

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Akamai (AKAM) Numbers Cut at UBS But Sees Chance to Buy

July 29, 2015 11:08 AM EDT

UBS analyst Steven Milunovich lowered his price target on Akamai Technologies (NASDAQ: AKAM) to $80.00 (from $88.00) following the company miss but reiterated a Buy rating saying the weakens offers a chance to buy.

commented, "Investors often tell us they like the story but... More

After-Hours Stock Movers 07/28: (RUBI) (BWLD) (CTXS) Higher; (YELP) (AKAM) (TWTR) Lower (more...)

July 28, 2015 6:02 PM EDT

Rubicon Project (NYSE: RUBI) 15.9% HIGHER; reported Q2 EPS of $0.06, $0.26 better than the analyst estimate of ($0.20). Revenue for the quarter came in at $53 million versus the consensus estimate of $42.34 million.

Yelp (NYSE: YELP) 14.7% LOWER; reported Q2 EPS of ($0.02), $0.03 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $133.9 million versus the consensus estimate of $133.48 million. Yelp sees Q3 2015 revenue of $139-142 million, versus the... More

Akamai Technologies (AKAM) Misses Q2 EPS by 1c

July 28, 2015 4:13 PM EDT

Akamai Technologies (NASDAQ: AKAM) reported Q2 EPS of $0.57, $0.01 worse than the analyst estimate of $0.58. Revenue for the quarter came in at $541 million versus the consensus estimate of $540.39 million.

"Akamai delivered a solid second quarter with strong revenue growth across every geography and solution... More