Akamai Technologies (AKAM) PT Lowered to $60 at Oppenheimer Following 2Q Release

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Akamai Reports Second Quarter 2017 Financial Results

July 25, 2017 4:01 PM EDT

CAMBRIDGE, Mass., July 25, 2017 /PRNewswire/ --

Revenue of $609 million, up 6% year-over-year and 7% when adjusted for foreign exchange* Revenue excluding Internet Platform Customers(1) up 9% year-over-year and 10% when adjusted for foreign exchange* GAAP EPS of $0.33 per diluted share, down 21% year-over-year and up 1% when adjusted for foreign exchange and the dilutive effect of the Soasta acquisition* Non-GAAP EPS of $0.62 per diluted share, down 3% year-over-year and up 4% when adjusted for foreign exchange and the dilutive effect of the Soasta acquisition*

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