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Akamai Technologies Inc (AKAM.OQ)

AKAM.OQ on NASDAQ Stock Exchange Global Select Market

57.76USD
15 Dec 2017
Change (% chg)

$1.00 (+1.76%)
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$56.76
Open
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Day's High
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Volume
6,175,116
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$44.65

Latest Key Developments (Source: Significant Developments)

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

Limelight, Akamai enter into licensing agreement regarding intellectual property settlement
Monday, 1 Aug 2016 09:00am EDT 

Limelight Networks Inc : Limelight and Akamai enter into licensing agreement regarding intellectual property settlement . Both parties have waived all rights to appeal, and Akamai will release $51 million letter of credit that bonded judgment . Agreement allows co to operate network free from restrictions, with respect to '703 and certain other patents . Settlement converts about $51 million judgment into a $54 million license that will be paid in 12 equal quarterly installments starting Aug 1 .Settlement converts about $51 million judgment into a $54 million license paid in 12 equal quarterly installments starting Aug 1.  Full Article

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

Elliott takes stake in Akamai Tech, says shares undervalued

Hedge fund Elliott Management disclosed a 6.5 percent stake in Akamai Technologies on Friday, and said the company's $9.7 billion market value did not reflect the uses of its platform, which speeds up content delivery over the internet.