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 ________________________ ...

Financial Data and Key Metrics Changes - Total revenue for Q3 2023 was $965 million, representing a 9% year-over-year increase [5][14] - Non-GAAP operating margin was 31%, exceeding guidance by 2 percentage points [5][17] - Non-GAAP earnings per share (EPS) was $1.63, up 29% year-over-year [5][17] - Cash gross margin was 73% [17] - Non-GAAP net income was $251 million [17] Business Line Data and Key Metrics Changes - Security revenue grew to $456 million, a 20% year-over-year increase [14][15] - Compute revenue was $130 million, growing 19% year-over-year [14][16] - Delivery revenue declined to $379 million, a 4% year-over-year decrease [14][16] - Security and compute combined represented 61% of total revenue, growing 20% year-over-year [16] Market Data and Key Metrics Changes - International revenue was $467 million, up 11% year-over-year [17] - Foreign exchange fluctuations had a negative impact of $3 million sequentially and a positive impact of $7 million year-over-year [17] Company Strategy and Development Direction - Akamai is focusing on expanding its security portfolio and cloud computing capabilities [5][10] - The company aims to leverage its distributed edge network to differentiate itself in the cloud computing market [9][10] - Akamai plans to sell security and compute solutions to newly acquired CDN customers [12][33] Management's Comments on Operating Environment and Future Outlook - Management noted strong demand for security solutions due to increasing ransomware threats [5][6] - The company is optimistic about its growth trajectory despite potential macroeconomic challenges [62] - Akamai expects to see continued growth in security revenue and a strong performance in cloud computing [24][62] Other Important Information - Akamai has raised its full-year 2023 revenue guidance to a range of $3.802 billion to $3.82 billion [24] - The company plans to spend approximately $143 million to $153 million in CapEx for Q4 2023 [23] Q&A Session Summary Question: What is the sales process like outside of the CDN installed base? - Management indicated that there has been significant success in selling to new customers, particularly through channel partnerships [27][28] Question: What is the impact of recent contract acquisitions on pricing dynamics? - Management clarified that the acquisitions were driven by customer needs and compelling financial terms, not a shift in market strategy [33] Question: How is the company addressing the increase in sophisticated malware attacks? - Management noted that while there is an increase in attacks, the company is enhancing its security offerings to address these threats [63][64] Question: What is the current state of enterprise IT spending? - Management observed a cautious approach among companies but noted that security spending remains strong [62] Question: Can you provide insights on the nature of compute deals now versus 6-12 months ago? - Management stated that the company is now able to handle mission-critical applications, indicating a significant improvement in its compute capabilities [50]

Akamai Technologies, Inc. (NASDAQ:AKAM) Q2 2023 Earnings Conference Call August 8, 2023 4:30 PM ET Company Participants Tom Barth - Investor Relations Tom Leighton - Chief Executive Officer Ed McGowan - Chief Financial Officer Conference Call Participants James Fish - Piper Sandler Keith Weiss - Morgan Stanley Ray McDonough - Guggenheim Securities Frank Louthan - Raymond James Rishi Jaluria - RBC Rudy Kessinger - D.A. Davidson Amit Daryanani - Evercore Operator Good day and welcome to the Akamai Technologie ...

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 June 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 _____________________________ ...

Akamai Technologies, Inc. (NASDAQ:AKAM) Q1 2023 Earnings Conference Call May 9, 2023 4:30 PM ET Company Participants Tom Barth - Head, IR Tom Leighton - Co-Founder, CEO & Director Ed McGowan - CFO Conference Call Participants Keith Weiss - Morgan Stanley James Fish - Piper Sandler Jonathan Ho - William Blair Rudy Kessinger - D.A. Davidson Ray McDonough - Guggenheim Securities Operator Good day. And welcome to the Akamai Technologies First Quarter 2023 Earnings Conference Call. All participants are in lis ...

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, 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 ____________________________ ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 0-27275 Akamai Technologies, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) ...

Akamai Technologies, Inc. (NASDAQ:AKAM) Q4 2022 Earnings Conference Call February 14, 2023 4:30 PM ET Company Participants Tom Barth - Head, IR Tom Leighton - Co-Founder, CEO & Director Ed McGowan - CFO Conference Call Participants James Fish - Piper Sandler James Breen - William Blair Keith Weiss - Morgan Stanley Tim Horan - Oppenheimer Mark Murphy - JPMorgan Rishi Jaluria - RBC Amit Daryanani - EVercore ISI Fatima Boolani - Citigroup Frank Louthan - Raymond James Rudy Kessinger - D.A. Davidson Ray McDono ...

Akamai Technologies, Inc. (NASDAQ:AKAM) Q3 2022 Earnings Conference Call November 8, 2022 4:30 PM ET Company Participants Tom Barth - Head, IR Thomson Leighton - Co-Founder, CEO & Director Edward McGowan - CFO Conference Call Participants Keith Weiss - Morgan Stanley James Fish - Piper Sandler Frank Louthan - Raymond James & Associates Sonak Kolar - JPMorgan Chase & Co. Charles Erlikh - Robert W. Baird & Co. Rudy Kessinger - D.A. Davidson & Co. Tom Blakey - Truist Securities Michael Elias - Cowen Amit Darya ...