Akamai Reports First Quarter 2017 Financial Results

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Akamai Technologies (AKAM) PT Lowered to $73 at Deutsche Bank Following Modest 1Q Beat

May 3, 2017 10:12 AM EDT

Deutsche Bank lowered its price target on Akamai Technologies (NASDAQ: AKAM) to $73.00 (from $80.00) while maintaining a Buy rating. AKAM reported... More

Akamai Technologies (AKAM) Tops Q1 EPS by 2c; Guides Q2 Below Views

May 2, 2017 4:04 PM EDT

Akamai Technologies (NASDAQ: AKAM) reported Q1 EPS of $0.69, $0.02 better than the analyst estimate of $0.67. Revenue for the quarter came in at $609 million versus the consensus estimate of $604.69 million.

Akamai sees Q2 EPS of $0.59-$0.61, versus the consensus of $0.65. Sees revenues of $597-$609 million,... More