AKAM News and Press, Akamai Technologies Inc. From 02/20/23

Summary Widely known for its CDN, Akamai has embarked on a business transformation process that will see it compete with hyperscalers Amazon and Microsoft. The very idea of it facing such a "hyper-competitive" environment has spooked analysts who have downgraded the stock. However, ...

Summary Akamai Technologies, Inc. has seen continued growth, albeit accompanied by margin pressure. Lower earnings are concerning, although Akamai Technologies shares have come down a bit as well. I am still not that enthusiastic about Akamai Technologies, Inc. at 22 times earnings,...

Summary Recurring revenue and subscription-based business model provide stability and predictability. The net profit margin has remained positive for nearly two decades with an average ROE of 15% per year. Future capital gains likely to stem from intrinsic growth rather than expansi...

Akamai Technologies ( NASDAQ: AKAM ) reported better-than-expected fourth-quarter results on Tuesday, prompting investors to respond favorably, but a "clear change in strategy" on the earnings call reversed the gains and resulted in investment firm RBC Capital Markets to downgrad...

Akamai (NASDAQ: AKAM) is one of the leading content delivery network providers. For two decades, the company's fleet of servers spread throughout the world has accelerated content and media delivery. The company was talking about edge computing back in 2002, and today it offers a wide varie...

Akamai Technologies, Inc. (AKAM) Q4 2022 Earnings Conference Call February 14, 2023 4:30 PM ET Company Participants Tom Barth - Head, IR Tom Leighton - Co-Founder, CEO & Director Ed McGowan - CFO Conference Call Participants James Fish - Piper Sandler ...

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...

AKAMAI REPORTS FOURTH QUARTER 2022 AND FULL-YEAR 2022 FINANCIAL RESULTS PR Newswire Fourth quarter highlights Revenue of $928 million , up 2% year-over-year and up 6% when adjusted for foreign exchange* Security and compute revenue represented 55% of total reve...

Akamai Unveils Akamai Connected Cloud and New Cloud Computing Services PR Newswire Offering a fundamentally different approach to cloud that integrates core and distributed computing sites with a massively scaled edge network CAMBRIDGE, Mass. , Feb. 14, 2023 ...

Akamai ( NASDAQ: AKAM ) is scheduled to announce Q4 earnings results on Tuesday, February 14th, after market close. The consensus EPS Estimate is $1.26 (-15.4% Y/Y) and the consensus Revenue Estimate is $904.8M (-0.0% Y/Y). Over the last 2 years, AKAM has beaten EPS estimate...