Akamai Technologies (AKAM) Tops Q3 EPS by 13c; Raises Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
AKAMAI REPORTS THIRD QUARTER 2023 FINANCIAL RESULTS
November 7, 2023 4:00 PM ESTThird quarter revenue of $965 million, up 9% year-over-year and when adjusted for foreign exchange*
Security and compute revenue represented 61% of total revenue in the third quarter and combined grew 20% year-over-year and 19% when adjusted for foreign exchange*
GAAP diluted EPS of $1.04, up 33% year-over-year and up 31% when adjusted for foreign exchange*, and non-GAAP diluted EPS* of $1.63, up 29% year-over-year and up 28% when adjusted for foreign exchange*
Guidance increased for full-year revenue and non-GAAP diluted EPS*
CAMBRIDGE, Mass.,... More
