Akamai Technologies (AKAM) Tops Q4 EPS by 11c

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Go back to Akamai Technologies (AKAM) Tops Q4 EPS by 11c

AKAMAI REPORTS FOURTH QUARTER 2022 AND FULL-YEAR 2022 FINANCIAL RESULTS

February 14, 2023 4:01 PM EST

Fourth quarter highlights

Revenue of $928 million, up 2% year-over-year and up 6% when adjusted for foreign exchange*Security and compute revenue represented 55% of total revenue in the fourth quarter and grew 18% year-over-year and 22% when adjusted for foreign exchange*GAAP EPS of $0.82, down 15% year-over-year and down 8% when adjusted for foreign exchange*, and non-GAAP EPS* of $1.37, down 8% year-over-year and down 2% when adjusted for foreign exchange*

Full-year highlights

Revenue of $3.617 billion, up 4% year-over-year and up 8% when adjusted for foreign exchange*Security and compute revenue represented 54% of total revenue in... More