Akamai (AKAM) Q2 Earnings Beat Estimates, Revenues Up Y/Y

Akamai Technologies Inc. (AKAM) reported strong second-quarter 2024 results, with both the bottom and top lines surpassing the respective Zacks Consensus Estimate. The company recorded a top-line expansion year over year, driven by solid momentum in security and compute verticals in multiple end markets.Net IncomeGAAP net income improved to $131.7 million or 86 cents per share from $128.8 million or 84 cents per share in the year-ago quarter. The improvement was primarily attributed to year-over-year net sa ...