Akamai Reports Second Quarter 2018 Financial Results
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MKM Partners Remains Bullish on Akamai Technologies (AKAM)
August 1, 2018 8:31 AM EDTMKM Partners reiterated a Buy rating and $91.00 price target on Akamai Technologies (NASDAQ: AKAM) following the company's 2Q earnings report. AKAM reported an as-expected quarter with a bit better bottom-line. The stock sold off about 3% in after hours in reaction to Q3 guidance,... More
Akamai Technologies (AKAM) Tops Q2 EPS by 3c
July 31, 2018 4:03 PM EDTAkamai Technologies (NASDAQ: AKAM) reported Q2 EPS of $0.83, $0.03 better than the analyst estimate of $0.80. Revenue for the quarter came in at $663 million versus the consensus estimate of $661.98 million.
"We are very pleased with our second quarter performance, highlighted by outstanding growth in our security portfolio, further improvement in our Media and Carrier Division, overall margin expansion and very strong non-GAAP earnings growth of... More
