Akamai Technologies (AKAM) Tops Q2 EPS by 8c, Offers Guidance

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Go back to Akamai Technologies (AKAM) Tops Q2 EPS by 8c, Offers Guidance

AKAMAI REPORTS SECOND QUARTER 2023 FINANCIAL RESULTS

August 8, 2023 4:00 PM EDT

Second quarter revenue of $936 million, up 4% year-over-year and up 4% when adjusted for foreign exchange*

Security and compute revenue represented 59% of total revenue in the second quarter and grew 14% year-over-year and 15% when adjusted for foreign exchange*

GAAP diluted EPS of $0.84, down 1% year-over-year and up 1% when adjusted for foreign exchange*, and non-GAAP diluted EPS* of $1.49, up 10% year-over-year and up 11% when adjusted for foreign exchange*

Guidance increased for full-year revenue and non-GAAP net income per diluted... More