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Akamai Technologies Inc (AKAM.O)

AKAM.O on Nasdaq

66.07USD
9:34am EST
Change (% chg)

$0.42 (+0.64%)
Prev Close
$65.65
Open
$65.65
Day's High
$66.09
Day's Low
$65.65
Volume
40,876
Avg. Vol
2,312,149
52-wk High
$71.34
52-wk Low
$44.65

Latest Key Developments (Source: Significant Developments)

Akamai sees q3 non-GAAP EPS in range of $0.59 to $0.62
Tuesday, 26 Jul 2016 05:45pm EDT 

Akamai Technologies Inc : Says expects q3 expect q3 non-GAAP EPS in the range of $0.59 to $0.62; q3 non-gaap operating margin of 26% to 27% . Says expects q3 ebitda margins of 39% to 40%, to spend about $85 million to $93 million in q3, excluding quity compensation . Says expects q3 revenue in range of $566 million-$578 million; at midpoint of this range , y-o-y revenue growth would moderate to 4% . Q3 earnings per share view $0.66, revenue view $590.9 million -- Thomson Reuters I/B/E/S Further company coverage: [AKAM.O] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

Akamai reports Q2 adj. earnings $0.64/shr
Tuesday, 26 Jul 2016 04:01pm EDT 

Akamai Technologies Inc : Akamai reports second quarter 2016 financial results . Q2 non-GAAP earnings per share $0.64 . Q2 GAAP earnings per share $0.42 . Q2 revenue $572 million versus I/B/E/S view $574.9 million .Q2 earnings per share view $0.64 -- Thomson Reuters I/B/E/S.  Full Article

Limelight Networks - Massachusetts district court final judgment in Akamai Technologies networks case
Friday, 1 Jul 2016 10:47am EDT 

Limelight Networks : Limelight Networks Inc says Massachusetts district court has entered final judgment in Akamai Technologies, Inc. Et al. v. Limelight Networks case . Limelight Networks Inc says district court reduced total damages payable by Limelight in this case to approximately $51 million . Will regain access to about $12 million of $63 million currently held in a letter of credit supporting damages award .Limelight Networks Inc says will take a charge in Q2 2016 for full amount of $51 million.  Full Article

Hotstar and Akamai renew partnership in India to scale for live sports events
Wednesday, 25 May 2016 01:08am EDT 

Akamai Technologies Inc : Hotstar and Akamai announce renewal of partnership in India to scale for live sports events .  Full Article

Akamai Technologies Inc contacted U.S. SEC, DoJ regarding internal investigation - Reuters
Monday, 29 Feb 2016 02:48pm EST 

Akamai Technologies Inc:Conducting internal investigation, with assistance of outside counsel, relating to sales practices in country outside the U.S - RTRS.Investigation includes review of compliance with requirements of U.S. foreign corrupt practices act and other laws and regulations.In February 2015, voluntarily contacted U.S. SEC and Department of Justice to advise both agencies of internal investigation.  Full Article

BUZZ-Akamai Technologies: KeyBanc see a takeout as unlikely

** Akamai dips about 1 pct premarket after KeyBanc says a takeout is unlikely and cuts to "underweight from "sector weight"