Wall Street analysts expect Akamai Technologies (AKAM) to post quarterly earnings of $1.59 per share in its upcoming report, which indicates a year-over-year increase of 16.1%. Revenues are expected to be $997.61 million, up 7.5% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone an upward revision of 0.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. ...

The first scraper-specific product tailored to the unique characteristics of scraping attacks. CAMBRIDGE, Mass., Feb. 6, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today announced the availability of Content Protector, a product that stops scraping attacks without blocking the good traffic that companies need to enhance their business. Scraper bots are a critical and often productive part of the commerce ecosystem. These bots search ...

hapabapa Introduction There aren't many companies that can accelerate their revenue in such a challenging macro environment. Akamai (NASDAQ:AKAM), is one of them. The company delivered great results in the 3rd quarter of 2023, beating analysts' expectations on both the top and bottom lines. Revenue grew 9% year-over-year to $965 million, driven by strong performance in security and compute solutions, which represented 61% of total revenue and grew 20% year-over-year. EPS increased 29% year-over-year to $1.6 ...

Akamai Technologies (AKAM) closed at $124.66 in the latest trading session, marking a +0.1% move from the prior day. This change outpaced the S&P 500's 0.06% loss on the day. Meanwhile, the Dow experienced a rise of 0.35%, and the technology-dominated Nasdaq saw a decrease of 0.76%.Heading into today, shares of the cloud services provider had gained 5.22% over the past month, lagging the Computer and Technology sector's gain of 6.36% and outpacing the S&P 500's gain of 3.36% in that time.Analysts and invest ...

Group 1 - Akamai Technologies (AKAM) ended the latest trading session at $123.76, reflecting a +0.43% change, outperforming the S&P 500's daily gain of 0.08% [1] - Over the past month, Akamai's shares gained 3.14%, underperforming the Computer and Technology sector's gain of 4.29% but outperforming the S&P 500's gain of 2.4% [1] - The upcoming earnings release on February 13, 2024, is anticipated, with projected earnings per share (EPS) of $1.59, indicating a 16.06% increase year-over-year, and revenue estimates of $997.61 million, up 7.53% from the previous year [1] Group 2 - Recent analyst estimate revisions for Akamai Technologies indicate a positive outlook, with the Zacks Consensus EPS estimate moving 0.09% higher over the past month [2] - Akamai Technologies currently holds a Zacks Rank of 3 (Hold), which reflects its performance relative to other stocks [2] - The Zacks Rank system has shown that 1 stocks have contributed an average annual return of +25% since 1988, indicating the potential for strong performance based on estimate revisions [2] Group 3 - Akamai Technologies has a Forward P/E ratio of 18.28, which is lower than the industry average of 25.98, suggesting a valuation discount [3] - The company's PEG ratio stands at 1.88, compared to the Internet - Services industry's average PEG ratio of 2.34, indicating favorable growth expectations relative to its valuation [3] - The Internet - Services industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 106, placing it in the top 43% of over 250 industries [3]

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If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Akamai Technologies (AKAM) . This company, which is in the Zacks Internet - Services industry, shows potential for another earnings beat.When looking at the last two reports, this cloud services provider has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 6.81%, on average, in the ...

Uber Technologies (UBER) has decided to close its Alcohol Delivery Service, Drizly. The company had acquired Drizly three years ago. This move by the ride-hailing company is reportedly aimed at focusing on its core Uber Eats business that helps consumers get almost anything on a solitary app.Cybersecurity-related issues too may have prompted UBER arrive at the decision of closing the above unit. We remind investors that in 2020, Drizly had confirmed a hack. The security flaw exposed information of roughly 2 ...

CAMBRIDGE, Mass., Jan. 16, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, announced today that the company will hold a conference call for investors on Tuesday, February 13, 2023, at 4:30 p.m. ET. The call will include the company's fourth quarter and full-year 2023 financial results and may include forward-looking financial guidance from management. The call will also be broadcast live via the internet at Akamai's Investor Relations pa ...

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 September 30, 2023 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 ________________________ ...