AKAM

Akamai Technologies Inc Bottom Line Declines In Q2

(RTTNews) - Akamai Technologies Inc (AKAM) revealed a profit for second quarter that Drops, from last year

The company's bottom line came in at $79.404 million, or $0.52 per share. This compares with $103.618 million, or $0.71 per share, last year.

Excluding items, Akamai Technologies Inc reported adjusted earnings of $235.823 million or $1.59 per share for the period.

The company's revenue for the period rose 5.4% to $1.099 billion from $1.043 billion last year.

Akamai Technologies Inc earnings at a glance (GAAP) :

-Earnings: $79.404 Mln. vs. $103.618 Mln. last year. -EPS: $0.52 vs. $0.71 last year. -Revenue: $1.099 Bln vs. $1.043 Bln last year.

-Guidance: Next quarter EPS guidance: $ 1.60 To $ 1.80 Next quarter revenue guidance: $ 1.105 B To $ 1.130 B Full year EPS guidance: $ 6.40 To $ 7.05 Full year revenue guidance: $ 4.445 B To $ 4.530 B

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.