Akamai Technologies (AKAM) Tops Q2 EPS by 4c

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AKAMAI REPORTS SECOND QUARTER 2022 FINANCIAL RESULTS

August 9, 2022 4:00 PM EDT

Second quarter revenue of $903 million, up 6% year-over-year and up 9% when adjusted for foreign exchange*

Security and compute revenue represented the majority of total revenue in the second quarter and grew 26% year-over-year and grew 30% when adjusted for foreign exchange*

GAAP EPS of $0.74, down 21% year-over-year and down 15% when adjusted for foreign exchange*, and non-GAAP EPS* of $1.35, down 5% year-over-year and flat when adjusted for foreign exchange*

CAMBRIDGE, Mass., Aug. 9, 2022 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today reported financial... More