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Akamai Technologies Inc Profit Falls In Q2

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Akamai Technologies Inc (AKAM) announced earnings for second quarter that Drops, from last year

The company's earnings came in at $103.61 million, or $0.71 per share. This compares with $131.68 million, or $0.86 per share, last year.

Excluding items, Akamai Technologies Inc reported adjusted earnings of $251.35 million or $1.73 per share for the period.

The company's revenue for the period rose 6.5% to $1.043 billion from $979.58 million last year.

Akamai Technologies Inc earnings at a glance (GAAP) :

-Earnings: $103.61 Mln. vs. $131.68 Mln. last year.
-EPS: $0.71 vs. $0.86 last year.
-Revenue: $1.043 Bln vs. $979.58 Mln last year.

-Guidance:
Next quarter EPS guidance: $1.62 - $1.66
Next quarter revenue guidance: $1.035 - $1.050 Bln
Full year EPS guidance: $6.60 - $6.80
Full year revenue guidance: $4.135 - $4.205 Bln

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