UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________ FORM 10-Q ______________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 000-27275 ____________________________ ...

Exhibit 99.1 FOR IMMEDIATE RELEASE Contacts: Gina Sorice Mark Stoutenberg Media Relations Investor Relations Akamai Technologies Akamai Technologies 646-320-4107 857-227-4491 gsorice@akamai.com mstouten@akamai.com AKAMAI REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS First quarter revenue of $987 million, up 8% year-over-year and when adjusted for foreign exchange* Security and compute revenue represented 64% of total revenue in the first quarter and combined grew 22% year-over-year and when adjusted for fore ...

Akamai Technologies, Inc. (AKAM) is scheduled to release first-quarter 2024 results on May 9, after the closing bell. In the last reported quarter, the company delivered an earnings surprise of 6.29%. It pulled off a trailing four-quarter earnings surprise of 6.49%, on average. The company is expected to report higher revenues year over year, backed by healthy demand in security and compute verticals. Management’s focus on expanding its portfolio to cater to advanced use cases is a tailwind.Factors at PlayD ...

CAMBRIDGE, Mass., May 8, 2024 /PRNewswire/ -- Akamai Technologies (NASDAQ: AKAM), the cloud company that powers and protects life online, received multiple honors at the 18th annual Stevie® Awards for Sales & Customer Service. Akamai Cloud Computing (formerly Linode) has been recognized by the Stevie Awards for six consecutive years. Competing against some of the world's largest cloud providers, Akamai won: Gold for Customer Service Department of the Year — Computer Services, by the Akamai Compute Support ...

A couple of weeks ago, TechCrunch broke the news that Akamai was in discussions to acquire Noname Security, a specialist in API security, for around $500 million. Today the deal is official, albeit at a lower price. Akamai has confirmed that it is buying the company in a $450 million deal.The deal underscores the ongoing push for more consolidation in the current market: the last several years have seen the emergence a wide variety of cybersecurity startups. With a number of these companies finding it hard ...

Acquisition will enable Akamai to extend protection across all API traffic locations, no matter the business, integration, or deployment requirements CAMBRIDGE, Mass., May 7, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, announces that it has entered into a definitive agreement to acquire application programming interface (API) security company, Noname Security. Noname, one of the top API security vendors in the market, will enhance Ak ...

DKosig Akamai's (NASDAQ:AKAM) pursuit of cloud computing has created some hype around the stock in recent quarters. It is not clear that this is warranted, though. Akamai's pursuit of cloud computing is a risky strategic move due to the upfront costs involved and comes in an uncertain macro environment where many companies are gambling on infrastructure build-outs. I last wrote about Akamai in December, suggesting that caution was warranted despite the company's accelerating growth. The stock is down by ...

In its upcoming report, Akamai Technologies (AKAM) is predicted by Wall Street analysts to post quarterly earnings of $1.61 per share, reflecting an increase of 15% compared to the same period last year. Revenues are forecasted to be $989.22 million, representing a year-over-year increase of 8%.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projection ...

The Akamai Guardicore Platform simplifies enterprise security with broad visibility and granular controls through one consoleCAMBRIDGE, Mass., April 30, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today announced the Akamai Guardicore Platform helps businesses meet their Zero Trust goals. The Akamai Guardicore Platform is the first security platform to combine industry-leading Zero Trust Network Access (ZTNA) and microsegmentation to ...

2030 sustainability goals updated to reflect impact of Akamai Connected Cloud CAMBRIDGE, Mass., April 29, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today shares its 2023 sustainability report along with new resources about its corporate sustainability initiative. The newly designed Akamai sustainability microsite details the company's performance and progress on its 2030 sustainability goals initially announced in April 2021. "With ...