Akamai Technologies Inc. (AKAM) reported first quarter adjusted EPS of $0.51 after the close Wednesday, up from $0.36 in the prior year. The consensus estimate was for EPS of $0.46. The stock is now up 3.75 on 785K shares.
Akamai Technologies posted modest gains around mid-morning Wednesday and rose further around the middle of the afternoon. Shares finished up by 0.62 at $36.09.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.