Akamai Technologies (AKAM) reported $1 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 4.1%. EPS of $1.59 for the same period compares to $1.63 a year ago.The reported revenue represents a surprise of +0.42% over the Zacks Consensus Estimate of $1 billion. With the consensus EPS estimate being $1.59, the company has not delivered EPS surprise.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they com ...

Akamai Technologies (AKAM) came out with quarterly earnings of $1.59 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.63 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this cloud services provider would post earnings of $1.54 per share when it actually produced earnings of $1.58, delivering a surprise of 2.60%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.Akamai Tec ...

Exhibit 99.1 FOR IMMEDIATE RELEASE | --- | --- | |-----------------------|-----------------------| | Contacts: | | | Christine Simeone | Mark Stoutenberg | | Media Relations | Investor Relations | | Akamai Technologies | Akamai Technologies | | AkamaiPR@akamai.com | mstouten@akamai.com | AKAMAI REPORTS THIRD QUARTER 2024 FINANCIAL RESULTS Third quarter revenue of $1.005 billion, up 4% year-over-year and when adjusted for foreign exchange* Security and compute revenue represented 68% of total revenue in the ...

Third quarter revenue of $1.005 billion, up 4% year-over-year and when adjusted for foreign exchange*Security and compute revenue represented 68% of total revenue in the third quarter and combined grew 17% year-over-year and when adjusted for foreign exchange*CAMBRIDGE, Mass., Nov. 7, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cybersecurity and cloud computing company that powers and protects business online, today reported financial results for the third quarter ended September 30, ...

Akamai Technologies, Inc. (AKAM) is scheduled to release third-quarter 2024 results on Nov. 7, after the closing bell. In the last reported quarter, the company delivered an earnings surprise of 2.6%. AKAM pulled off a trailing four-quarter earnings surprise of 4.68%, on average.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The company is expected to report higher year-over-year revenues, backed by healthy demand in security and compute verticals. Management’s focus on expanding i ...

Akamai Technologies (AKAM) ended the recent trading session at $101.85, demonstrating a -1.08% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 0.33% for the day. Elsewhere, the Dow lost 0.22%, while the tech-heavy Nasdaq lost 0.56%.Shares of the cloud services provider witnessed a gain of 3.15% over the previous month, beating the performance of the Computer and Technology sector with its gain of 2.83% and the S&P 500's gain of 1.83%.Analysts and ...

New real-time capabilities provide businesses with granular control and security across entire user account lifecycleCAMBRIDGE, Mass., Oct. 29, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today launched new capabilities to its Account Protector security solution. These enhancements are designed to safeguard user accounts against abuse throughout their entire lifecycle and provide advanced protection against account opening abuse, acc ...

Akamai Technologies (AKAM) closed the latest trading day at $102.80, indicating a +0.08% change from the previous session's end. The stock's performance was behind the S&P 500's daily gain of 0.22%. On the other hand, the Dow registered a loss of 0.33%, and the technology-centric Nasdaq increased by 0.76%.The cloud services provider's stock has climbed by 3.09% in the past month, exceeding the Computer and Technology sector's gain of 2.29% and the S&P 500's gain of 1.47%.Investors will be eagerly watching f ...

The most recent trading session ended with Akamai Technologies (AKAM) standing at $106.67, reflecting a +1.85% shift from the previouse trading day's closing. The stock exceeded the S&P 500, which registered a gain of 0.4% for the day. Meanwhile, the Dow gained 0.09%, and the Nasdaq, a tech-heavy index, added 0.63%.The cloud services provider's shares have seen an increase of 5.32% over the last month, surpassing the Computer and Technology sector's gain of 4.88% and the S&P 500's gain of 3.76%.Analysts and ...

CAMBRIDGE, Mass., Oct. 17, 2024 /PRNewswire/ -- Akamai Technologies Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, announced today that APIContext is the latest organization to join the Akamai Qualified Compute Partner Program as an Independent Software Vendor (ISV). APIContext is providing advanced API performance monitoring and compliance testing solutions. As an ISV in the Akamai Qualified Compute Partner Program, APIContext will empower enterprises to ensure continuous API ...