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Akamai Technologies Inc. (AKAM) Is Climbing After Q3 Earnings Beat

Akamai Technologies Inc. (AKAM) reported third quarter adjusted EPS of $0.94 after the close Monday, which topped the consensus estimate of $0.90. The company's revenue for the quarter rose 7.2% to $669.63 million from $624.44 million last year.

Akamai Technologies gapped open sharply higher Tuesday morning and is now up 8.24 at $70.29. The stock has risen to nearly a 1-month high.

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