Akamai Technologies Inc. (AKAM) posted fourth quarter GAAP net income of $40.1 million or $0.21 per share, compared to $40.5 million or $0.22 per share in the previous year period. Fourth quarter normalized net income was $85.4 million or $0.46 per share, compared to $82.2 million or $0.44 per share in the year-ago period.
On average, 21 analysts polled by Thomson Reuters expected the company to report earnings of $0.43 per share. Analysts' estimates typically exclude special items.
Fourth quarter revenue grew to $238.3 million from $212.6 million in the prior year quarter. Twenty Wall Street analysts expected revenues of $233.54 million.
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