Akamai Technologies (AKAM) Tops Q4 EPS by 14c, Guidance Misses

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Go back to Akamai Technologies (AKAM) Tops Q4 EPS by 14c, Guidance Misses

AKAMAI REPORTS FOURTH QUARTER 2024 AND FULL-YEAR 2024 FINANCIAL RESULTS

February 20, 2025 4:01 PM EST

Fourth quarter highlights

Revenue of $1.020 billion, up 3% year-over-year and when adjusted for foreign exchange*Security and compute revenue represented 69% of total revenue in the fourth quarter and grew 16% year-over-year and 17% when adjusted for foreign exchange*GAAP net income per diluted share of $0.91, down 12% year-over-year and down 9% when adjusted for foreign exchange*, and non-GAAP net income per diluted shared* of $1.66, down 2% year-over-year and flat when adjusted for foreign exchange*

Full-year highlights

Revenue of $3.991 billion, up 5% year-over-year... More