Edition:
United States

Akamai Technologies Inc (AKAM.O)

AKAM.O on Nasdaq

66.89USD
16 Feb 2018
Change (% chg)

$-0.51 (-0.76%)
Prev Close
$67.40
Open
$67.00
Day's High
$67.95
Day's Low
$66.82
Volume
1,170,537
Avg. Vol
2,402,386
52-wk High
$69.56
52-wk Low
$44.65

Latest Key Developments (Source: Significant Developments)

Akamai Reports Q4 EPS $0.11
Tuesday, 6 Feb 2018 04:01pm EST 

Feb 6 (Reuters) - Akamai Technologies Inc ::AKAMAI REPORTS FOURTH QUARTER 2017 AND FULL-YEAR 2017 FINANCIAL RESULTS.QTRLY GAAP EPS OF $0.11 AND NON-GAAP EPS OF $0.69.REVENUE FOR Q4 WAS $663 MILLION, AN 8 PCT INCREASE OVER Q4 2016 REVENUE OF $616 MILLION.MEDIA DELIVERY SOLUTIONS REVENUE FOR Q4 WAS $190 MILLION, DOWN 3 PCT YEAR-OVER-YEAR AND DOWN 4 PCT WHEN ADJUSTED FOR FOREIGN EXCHANGE.Q4 IMPACTED BY $52 MILLION RESTRUCTURING CHARGE,$16 MILLION CHARGE DUE TO RELEASE OF INDEMNIFICATION ASSET RELATED TO 2012 ACQUISITION.Q4 2017 WAS ALSO IMPACTED BY A $26 MILLION PROVISIONAL CHARGE ASSOCIATED WITH U.S. TAX REFORM.Q4 EARNINGS PER SHARE VIEW $0.63, REVENUE VIEW $649.1 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Akamai Technologies Said To Be Working With Morgan Stanley On Strategic Review‍​ - CNBC, Citing A Report
Tuesday, 9 Jan 2018 02:30pm EST 

Jan 9 (Reuters) - :AKAMAI TECHNOLOGIES INC <<>> IS SAID TO BE WORKING WITH MORGAN STANLEY ON A STRATEGIC REVIEW‍​ - CNBC, CITING A REPORT.  Full Article

Akamai Recommends Shareholders Reject "Mini-Tender" Offer By TRC Capital Corporation
Tuesday, 12 Dec 2017 04:01pm EST 

Dec 12 (Reuters) - Akamai Technologies Inc ::AKAMAI RECOMMENDS SHAREHOLDERS REJECT "MINI-TENDER" OFFER BY TRC CAPITAL CORPORATION.AKAMAI TECHNOLOGIES INC - CO DOES NOT ENDORSE TRC CAPITAL'S UNSOLICITED MINI-TENDER OFFER.AKAMAI SAYS GOT NOTICE OF UNSOLICITED "MINI-TENDER" OFFER BY TRC CAPITAL TO BUY UP TO 2 MILLION SHARES OF CO AT $54.00 PER SHARE IN CASH.AKAMAI TECHNOLOGIES INC - TRC'S OFFER IS FOR ABOUT 1.18 PERCENT OF AKAMAI'S SHARES.  Full Article

Akamai Technologies reports Q3 revenue of $621 million
Tuesday, 24 Oct 2017 04:01pm EDT 

Oct 25 (Reuters) - Akamai Technologies Inc :Akamai reports third quarter 2017 financial results.Q3 revenue $621 million versus I/B/E/S view $610.7 million.Akamai Technologies Inc - qtrly ‍performance and security solutions revenue was $381 million, up 11 pct year-over-year​.Akamai Technologies Inc - qtrly ‍media delivery solutions revenue was $183 million, down 3 pct year-over-year​.Akamai Technologies Inc - qtrly ‍GAAP EPS was $0.35 per diluted share​.Q3 earnings per share view $0.59 -- Thomson Reuters I/B/E/S.Akamai Technologies Inc - qtrly ‍cloud security solutions revenue, a component of performance and security, was $121 million, up 27 pct year-over-year​.Akamai Technologies Inc - qtrly ‍non-GAAP EPS was $0.62 per diluted share​.  Full Article

Akamai agrees to acquire Nominum
Wednesday, 11 Oct 2017 07:30am EDT 

Oct 11 (Reuters) - Akamai Technologies Inc ::Akamai agrees to acquire Nominum.Akamai Technologies Inc - ‍expects acquisition to be dilutive to non-GAAP earnings in fiscal Q4 and 2018​.Akamai Technologies Inc - ‍dilutive impact in fiscal Q4 of 2017 is expected to be approximately $0.05, and approximately $0.11 for fiscal 2018​.Akamai Technologies Inc - ‍expects acquisition to be accretive in 2019​.Akamai Technologies Inc - ‍Akamai expects acquisition to be accretive in 2019​.Akamai Technologies - reiterates intention to manage co's FY EBITDA margins within its previously stated range of mid-30s while it integrates Nominum​.  Full Article

Akamai CFO says co expects q3 non-gaap EPS of $0.57-$0.60- conf call
Tuesday, 25 Jul 2017 06:40pm EDT 

July 25 (Reuters) - Akamai Technologies Inc :CFO says co expects q3 revenue in the range of $604 million to $616 million - conf call.CFO says co expects q3 non-gaap eps in the range of $0.57-$0.60- conf call.CFO says co expects to spend $110 million to $120 million on capex- conf call.Q3 earnings per share view $0.61, revenue view $619.4 million -- Thomson Reuters I/B/E/S.  Full Article

Akamai Technologies reports Q2 earnings per share $0.33
Tuesday, 25 Jul 2017 04:01pm EDT 

July 25 (Reuters) - Akamai Technologies Inc :Akamai reports second quarter 2017 financial results.Q2 non-GAAP earnings per share $0.62.Q2 GAAP earnings per share $0.33.Q2 earnings per share view $0.60 -- Thomson Reuters I/B/E/S.Q2 revenue $609 million versus i/b/e/s view $604.5 million.Akamai Technologies Inc - qtrly performance and security solutions revenue was $376 million, up 15% year-over-year.Qtrly ‍media delivery solutions revenue was $179 million, down 9% year-over-year and when adjusted for foreign exchange​.  Full Article

Akamai reports Q1 revenue $609 million
Tuesday, 2 May 2017 04:01pm EDT 

May 2 (Reuters) - Akamai Technologies Inc :Akamai Technologies Inc qtrly performance and security solutions revenue was $369 million, up 17% year-over-year.Akamai Technologies Inc qtrly media delivery solutions revenue was $187 million, down 9% year-over-year.Akamai reports first quarter 2017 financial results.Q1 GAAP earnings per share $0.46.Q1 revenue $609 million versus I/B/E/S view $604.7 million.Q1 earnings per share view $0.67 -- Thomson Reuters I/B/E/S.Q1 non-GAAP earnings per share $0.69.  Full Article

Akamai Technologies and AT&T renew global alliance through 2019
Monday, 13 Mar 2017 06:30am EDT 

Akamai Technologies Inc : Akamai and AT&T renew global alliance through 2019 . Akamai - under agreement, AT&T will continue to offer Akamai's full product suite as part of its broader portfolio of business solutions . Akamai Technologies Inc - AT&T will continue to offer Akamai's full product suite, including media delivery and web security services .Akamai - in addition, Akamai is expanding its global server footprint located at edge of AT&T's IP network.  Full Article

Akamai Technologies Q4 EPS $0.52
Tuesday, 7 Feb 2017 04:01pm EST 

Akamai Technologies Inc : Q4 non-GAAP earnings per share $0.72 . Q4 GAAP earnings per share $0.52 . Akamai reports fourth quarter 2016 and full-year 2016 financial results . Q4 revenue $616 million versus I/B/E/S view $604.8 million . Q4 earnings per share view $0.68 -- Thomson Reuters I/B/E/S .Media delivery solutions revenue for Q4 was $196 million, down 10% year-over-year.  Full Article

Akamai revenue, profit top estimates on robust cloud demand

Akamai Technologies Inc's profit and revenue topped analysts' estimates on Tuesday, and the company said it had cut about 400 positions, or 5 percent of its global workforce.