AKAM - Akamai Non-GAAP EPS of $1.37 beats by $0.11 revenue of $927.78M beats by $22.98M
- Akamai press release ( NASDAQ: AKAM ): Q4 Non-GAAP EPS of $1.37 beats by $0.11 .
- Revenue of $927.78M (+2.5% Y/Y) beats by $22.98M .
- Security and compute revenue represented 55% of total revenue in the fourth quarter and grew 18% year-over-year and 22% when adjusted for foreign exchange.
- Delivery revenue for the fourth quarter was $415 million, down 12% year-over-year and down 8% when adjusted for foreign exchange.* Delivery revenue for 2022 was $1.669 billion, down 11% year-over-year and down 8% when adjusted for foreign exchange.
- Compute revenue for the fourth quarter was $112 million, up 61% year-over-year and up 65% when adjusted for foreign exchange.* Compute revenue for 2022 was $405 million, up 60% year-over-year and up 64% when adjusted for foreign exchange.
- The Company spent $178 million in the fourth quarter of 2022 to repurchase 2.1 million shares of its common stock at an average price of $86.50 per share.
- Shares +4.25% .
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Akamai Non-GAAP EPS of $1.37 beats by $0.11, revenue of $927.78M beats by $22.98M