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Akamai Technologies Inc (AKAM.OQ)

AKAM.OQ on NASDAQ Stock Exchange Global Select Market

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10:31am EST
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$1.00 (+1.49%)
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Volume
64,859
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$83.07
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Latest Key Developments (Source: Significant Developments)

Akamai Q3 Non-Gaap Earnings Per Share $0.94
Monday, 29 Oct 2018 04:01pm EDT 

Oct 29 (Reuters) - Akamai Technologies Inc ::AKAMAI REPORTS THIRD QUARTER 2018 FINANCIAL RESULTS.Q3 REVENUE ROSE 7 PERCENT TO $670 MILLION.Q3 NON-GAAP EARNINGS PER SHARE $0.94.Q3 GAAP EARNINGS PER SHARE $0.64.AUTHORIZED A NEW $1.1 BILLION SHARE REPURCHASE PROGRAM, EFFECTIVE FROM NOVEMBER 1, 2018 THROUGH DECEMBER 31, 2021.BOARD OF DIRECTORS AUTHORIZES A NEW MULTI-YEAR $1.1 BILLION SHARE REPURCHASE PROGRAM.Q3 EARNINGS PER SHARE VIEW $0.83, REVENUE VIEW $664.3 MILLION -- THOMSON REUTERS I/B/E/S." WELL ON OUR WAY TO ACHIEVING OUR 30% MARGIN GOAL IN 2020".  Full Article

Akamai Reports Qtrly Non-GAAP EPS Of $0.83
Tuesday, 31 Jul 2018 04:01pm EDT 

July 31 (Reuters) - Akamai Technologies Inc ::QTRLY GAAP EPS OF $0.25.AKAMAI REPORTS SECOND QUARTER 2018 FINANCIAL RESULTS.QTRLY NON-GAAP EPS OF $0.83.Q2 REVENUE ROSE 9 PERCENT TO $663 MILLION.AKAMAI TECHNOLOGIES - QTRLY WEB DIVISION REVENUE WAS $351 MILLION, UP 11% YEAR-OVER-YEAR.AKAMAI TECHNOLOGIES - QTRLY MEDIA AND CARRIER DIVISION REVENUE WAS $312 MILLION, UP 8% YEAR-OVER-YEAR.AKAMAI TECHNOLOGIES - QTRLY CLOUD SECURITY SOLUTIONS REVENUE WAS $155 MILLION, UP 33% YEAR-OVER-YEAR.Q2 EARNINGS PER SHARE VIEW $0.80, REVENUE VIEW $662.0 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Akamai Says Expects Q2 2018 Non-Gaap Earnings Per Share $0.79 To $0.81
Tuesday, 26 Jun 2018 08:00am EDT 

June 26 (Reuters) - Akamai Technologies Inc ::AKAMAI UPDATES SECOND QUARTER AND FISCAL YEAR 2018 FINANCIAL GUIDANCE IN CONJUNCTION WITH ITS ANALYST DAY.SEES Q2 2018 NON-GAAP EARNINGS PER SHARE $0.79 TO $0.81.SEES Q2 2018 REVENUE $658 MILLION TO $663 MILLION.AKAMAI TECHNOLOGIES - IN CONSTANT CURRENCY, 2018 REVENUE ANTICIPATED TO BE AT HIGH END OR ABOVE PREVIOUS GUIDANCE RANGES OF $2,690 MILLION TO $2,720 MILLION.AKAMAI TECHNOLOGIES - IN CONSTANT CURRENCY, 2018 NON-GAAP EPS ANTICIPATED TO BE AT HIGH END OR ABOVE PREVIOUS GUIDANCE RANGE OF $3.15 TO $3.25.NOW ANTICIPATES ITS FULL YEAR 2018 REVENUE RANGE TO BE $2,675 MILLION TO $2,705 MILLION.NOW ANTICIPATES ITS FULL YEAR 2018 NON-GAAP NET INCOME PER DILUTED SHARE* TO BE BETWEEN $3.20 AND $3.30.FY2018 EARNINGS PER SHARE VIEW $3.27, REVENUE VIEW $2.72 BILLION -- THOMSON REUTERS I/B/E/S.Q2 EARNINGS PER SHARE VIEW $0.80, REVENUE VIEW $665.9 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Akamai And MUFG Announce Blockchain-Based Payment Network
Monday, 21 May 2018 06:00pm EDT 

May 21 (Reuters) - Mitsubishi UFJ Financial Group Inc <8306.T>::AKAMAI AND MUFG ANNOUNCE BLOCKCHAIN-BASED PAYMENT NETWORK.AKAMAI TECHNOLOGIES INC - NEW BLOCKCHAIN-BASED ONLINE PAYMENT NETWORK IS EXPECTED TO BE AVAILABLE IN JAPAN DURING FIRST HALF OF 2020.  Full Article

Akamai Announces Pricing Of Offering Of Convertible Senior Notes
Wednesday, 16 May 2018 08:43pm EDT 

May 16 (Reuters) - Akamai Technologies Inc ::AKAMAI ANNOUNCES PRICING OF OFFERING OF CONVERTIBLE SENIOR NOTES.PRICED ITS PRIVATE OFFERING OF $1 BILLION IN AGGREGATE PRINCIPAL AMOUNT OF ITS CONVERTIBLE SENIOR NOTES DUE 2025.CONVERSION RATE WILL INITIALLY BE 10.5150 SHARES OF AKAMAI'S COMMON STOCK PER $1,000 PRINCIPAL AMOUNT OF NOTES.  Full Article

Akamai Technologies Says On May 10, Entered Into $500 Mln Credit Agreement
Tuesday, 15 May 2018 04:46pm EDT 

May 15 (Reuters) - Akamai Technologies Inc ::AKAMAI TECHNOLOGIES SAYS ON MAY 10, CO ENTERED INTO $500 MILLION FIVE-YEAR, REVOLVING CREDIT AGREEMENT - SEC FILING.AKAMAI TECHNOLOGIES - CREDIT AGREEMENT PROVIDES THAT UNDER SPECIFIED CIRCUMSTANCES, FACILITY CAN BE RAISED TO UP TO $1 BILLION.  Full Article

Akamai Technologies Announces Proposed Offering Of Convertible Senior Notes
Tuesday, 15 May 2018 04:37pm EDT 

May 15 (Reuters) - Akamai Technologies Inc ::AKAMAI ANNOUNCES PROPOSED OFFERING OF CONVERTIBLE SENIOR NOTES.AKAMAI TECHNOLOGIES INC - PROPOSES TO OFFER $1 BILLION IN AGGREGATE PRINCIPAL AMOUNT OF CONVERTIBLE SENIOR NOTES DUE 2025.AKAMAI TECHNOLOGIES INC - WILL GRANT INITIAL PURCHASERS OPTION TO PURCHASE UP TO AN ADDITIONAL $150 MILLION IN PRINCIPAL AMOUNT OF NOTES ON SAME TERMS.AKAMAI TECHNOLOGIES INC - INTENDS TO USE A PORTION OF PROCEEDS TO PAY COST OF CERTAIN CONVERTIBLE NOTE HEDGE TRANSACTIONS.AKAMAI TECHNOLOGIES INC - INTENDS TO USE ABOUT $50 MILLION OF PROCEEDS TO REPURCHASE SHARES OF ITS COMMON STOCK FROM PURCHASERS OF NOTES IN OFFERING.AKAMAI - ALSO INTENDS TO USE A PORTION OF PROCEEDS TO REPAY AT MATURITY ALL OF ITS $690 MILLION OUTSTANDING OF 0.0% CONVERTIBLE SENIOR NOTES DUE 2019.  Full Article

Akamai Technologies Qtrly Shr $0.31, Qtrly Adj Shr $0.79
Monday, 30 Apr 2018 04:01pm EDT 

May 1 (Reuters) - Akamai Technologies Inc ::QTRLY GAAP EARNINGS PER SHARE $0.31; QTRLY NON-GAAP EARNINGS PER SHARE $0.79; ‍​QTRLY REVENUE $669 MILLION, UP 11 PERCENT.QTRLY WEB DIVISION REVENUE $353 MILLION, UP 16 PERCENT; QTRLY MEDIA AND CARRIER DIVISION REVENUE $316 MILLION, UP 6 PERCENT.AKAMAI - Q1 GAAP INCOME ALSO IMPACTED BY $23 MILLION FOR LEGAL SETTLEMENTS, NON-RECURRING PROFESSIONAL ADVISORY FEES FOR NON-ROUTINE STOCKHOLDER MATTER.Q1 EARNINGS PER SHARE VIEW $0.70, REVENUE VIEW $654.0 MILLION -- THOMSON REUTERS I/B/E/S.Q1 GAAP INCOME IMPACTED BY A $15 MILLION RESTRUCTURING CHARGE.  Full Article

Akamai Elects LogMein President And CEO Bill Wagner To Board Of Directors
Thursday, 5 Apr 2018 06:30am EDT 

April 5 (Reuters) - Akamai Technologies Inc ::AKAMAI ELECTS LOGMEIN PRESIDENT AND CEO BILL WAGNER TO BOARD OF DIRECTORS.AKAMAI TECHNOLOGIES INC - ‍APPOINTMENT OF WILLIAM "BILL" WAGNER TO AKAMAI BOARD EFFECTIVE APRIL 3.  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

Weak outlook overshadows tech firm Akamai's profit beat

Akamai Technologies Inc's forecast for third quarter revenue largely missed Wall Street expectations on Tuesday, even as its second quarter profit topped estimates on strength in its cloud security business.