Akamai Reports Second Quarter 2016 Financial Results
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KeyBanc/Pacific Crest Downgrades Akamai Technologies (AKAM) to Sector Weight
July 27, 2016 6:58 AM EDTKeyBanc/Pacific Crest downgraded Akamai Technologies (NASDAQ: AKAM) from Overweight to Sector Weight and removed its price target. Analyst Michael Bowen highlighted DIY pressure and lack of OTT visibility.
"We are downgrading AKAM to Sector Weight after the company lowered... More
Akamai Technologies (AKAM) Reports In-Line Q2 EPS
July 26, 2016 4:03 PM EDTAkamai Technologies (NASDAQ: AKAM) reported Q2 EPS of $0.64, in-line with the analyst estimate of $0.64. Revenue for the quarter came in at $572 million versus the consensus estimate of $574.86 million.
"The second quarter was another solid quarter for Akamai, with strong year-over-year earnings growth... More
