AKAM - Akamai Technologies Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call | Benzinga
Akamai Technologies, Inc. (NASDAQ:AKAM) is expected to release earnings results for its first quarter, after the closing bell on May 9.
Analysts expect the Cambridge, Massachusetts-based company to report quarterly earnings at $1.61 per share, up from $1.4 per share in the year-ago quarter. Akamai Technologies is projected to report quarterly revenue of $989.26 million, compared to $910.52 million in the year-earlier quarter, according to data from Benzinga Pro.
On May 7, Akamai Technologies entered into a definitive agreement to acquire application programming interface (API) security company, Noname Security.
Akamai Technologies shares rose 0.4% ...