Akamai Technologies (AKAM) Tops Q1 EPS by 8c, Offers Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
AKAMAI REPORTS FIRST QUARTER 2023 FINANCIAL RESULTS
May 9, 2023 4:00 PM EDTFirst quarter revenue of $916 million, up 1% year-over-year and up 4% when adjusted for foreign exchange*
Security and compute revenue represented 57% of total revenue in the first quarter and grew 13% year-over-year and 16% when adjusted for foreign exchange*
GAAP EPS of $0.62, down 24% year-over-year and down 18% when adjusted for foreign exchange*, and non-GAAP EPS* of $1.40, up 1% year-over-year and up 4% when adjusted for foreign exchange*
Guidance raised for full-year revenue and non-GAAP net income per diluted... More
