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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

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Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

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Akamai Technologies

Akamai Technologies, Inc. engages in the provision of cloud services for delivering, optimizing, and securing content and business applications over the Internet. Its products include security, web performance, media delivery, and network operator. The company was founded by Frank T. Leighton, Jonathan Seelig, Randall S. Kaplan, and Daniel M. Lewin on August 20, 1998 and is headquartered in Cambridge, MA.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Akamai reports robust Q4 earnings, eyes growth in security and cloud

Akamai Technologies delivered strong Q4 2022 results, showcasing growth in revenue, profitability, and key business segments like security and compute.
While facing challenges in sales cycles and competitive market dynamics, the company's strategic focus on cost reduction, resource reallocation, and investments in growth areas positions it well for future success.
With opportunities in acquisitions, market expansion, and the potential of compute business growth, Akamai is poised for continued growth and profitability in the evolving cloud services landscape.

Akamai exceeds Q1 revenue expectations, focuses on cloud platform growth

Akamai's strong Q1 performance, strategic acquisitions, and focus on operational efficiencies position it well for future growth. While facing challenges in pricing and uncertainties, the company sees opportunities in enhancing its cloud platform and strategic workforce investments.

Akamai Technologies excels in Q2 with strong security revenue growth

Akamai Technologies reports strong Q2 results, driven by security revenue growth and cloud computing expansion. Despite challenges in delivery business revenue and margin pressures, the company remains optimistic about future growth opportunities in key sectors. With a focus on profitability and strategic investments, Akamai aims to capitalize on its strengths and market opportunities.

Akamai excels in Q3 earnings, eyes growth in cloud security

Akamai's robust performance in Q3 showcases strong revenue growth and profitability, driven by security and cloud computing segments. While facing challenges in delivery trends and competitive M&A landscape, the company is focused on leveraging its strengths in edge network, AI, and customer acquisitions to seize growth opportunities.

Akamai reports robust Q4 earnings, eyes cloud computing expansion

Akamai's Q4 2023 performance was strong, driven by revenue growth, margin improvement, and successful product launches.
The company faces challenges in optimizing operations, managing investments, and deploying new initiatives effectively.
Opportunities lie in expanding cloud computing capabilities, diversifying revenue streams, and enhancing service offerings.
Balancing growth and margin expansion while navigating industry dynamics will be crucial for Akamai's future success.

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AKAM (AKAM) reports a top-line expansion year over year in the first quarter of 2024, backed by strong demand for security and cloud computing solutions.

Akamai (AKAM) Q1 Earnings Beat Estimates on Higher Revenues

Cloudflare

Akamai Technologies Inc (NASDAQ: AKAM) needs to merge with the likes of Cloudflare or Fastly, as per Jim Cramer. Shares of the Cambridge-headquartered firm are down 8.0% on Friday.

Akamai needs to merge with Cloudflare: Jim Cramer

Akamai Technologies (AKAM) posted quarterly earnings that came in ahead of Wall Street forecasts but provided guidance that fell short of expectations, sending shares in the software infrastructure company tumbling more than 10% ahead of the opening bell Friday morning.

Akamai Technologies Stock Drops as Slowing Traffic Growth Weighs on Guidance

Akamai Technologies, Inc. (NASDAQ:AKAM ) Q1 2024 Earnings Conference Call May 9, 2024 4:30 PM ET Company Participants Mark Stoutenberg - Head of IR Tom Leighton - CEO & Co-Founder Ed McGowan - EVP, CFO Conference Call Participants Madeline Brooks - Bank of America Joshua Baer - Morgan Stanley James Fish - Piper Sandler Fatima Boolani - Citi Mark Murphy - JPMorgan Frank Louthan - Raymond James Jonathan Ho - William Blair Alex Henderson - Needham Rudy Kessinger - D.A. Davidson Tom Blakey - KeyBanc Capital Markets Operator Good day and welcome to the First Quarter 2024 Akamai Technologies Incorporated Earnings Conference Call.

Akamai Technologies, Inc. (AKAM) Q1 2024 Earnings Call Transcript

The headline numbers for Akamai Technologies (AKAM) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Akamai Technologies (AKAM) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Akamai Technologies on Thursday reported first-quarter earnings that topped Wall Street targets while revenue missed.

Akamai Earnings Top Views. Stock Tumbles On Weak Guidance Amid Pricing Pressure

First  quarter revenue of  $987 million, up 8% year-over-year and when adjusted for foreign exchange* Security and compute revenue represented 64% of total revenue in the first quarter and combined grew 22% year-over-year and when adjusted for foreign exchange* GAAP net income per diluted share of $1.11, up 79% year-over-year and up 81% when adjusted for foreign exchange*, and non-GAAP net income per diluted share* of $1.64, up 17% year-over-year and up 18% when adjusted for foreign exchange* Board of directors authorizes a new, three-year, $2.0 billion share repurchase program CAMBRIDGE, Mass., May 9, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today reported financial results for the first quarter ended March 31, 2024.

AKAMAI REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS

Akamai (AKAM) is expected to report a top-line expansion year over year, backed by healthy demand trends in several verticals.

Will Healthy Revenue Growth Boost Akamai's (AKAM) Q1 Earnings?

CAMBRIDGE, Mass. , May 8, 2024 /PRNewswire/ -- Akamai Technologies (NASDAQ: AKAM), the cloud company that powers and protects life online, received multiple honors at the 18th annual Stevie® Awards for Sales & Customer Service.

Akamai Is Named a 2024 Stevie® Award Winner

A couple of weeks ago, TechCrunch broke the news that Akamai was in discussions to acquire Noname Security, a specialist in API security, for around $500 million. Today the deal is official, albeit at a lower price.

Akamai confirms acquisition of Noname for $450M

Acquisition will enable Akamai to extend protection across all API traffic locations, no matter the business, integration, or deployment requirements CAMBRIDGE, Mass. , May 7, 2024 /PRNewswire/ -- Akamai Technologies, Inc.  (NASDAQ: AKAM), the cloud company that powers and protects life online, announces that it has entered into a definitive agreement to acquire application programming interface (API) security company, Noname Security.

Akamai Announces Intent to Acquire API Security Company Noname

Software stocks had a strong 2023 but now many companies are struggling to meet elevated investor expectations.

Akamai: Warning Flags Leading Into Q1 Earnings

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Akamai Technologies (AKAM), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2024.

Akamai Technologies (AKAM) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates

The Akamai Guardicore Platform simplifies enterprise security with broad visibility and granular controls through one console CAMBRIDGE, Mass. , April 30, 2024 /PRNewswire/ -- Akamai Technologies , Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today announced the Akamai Guardicore Platform helps businesses meet their Zero Trust goals.

Akamai Helps Organizations Achieve Greater Security with New Zero Trust Platform

2030 sustainability goals updated to reflect impact of Akamai Connected Cloud CAMBRIDGE, Mass. , April 29, 2024 /PRNewswire/ --  Akamai Technologies, Inc.  (NASDAQ: AKAM), the cloud company that powers and protects life online, today shares its 2023 sustainability report  along with new resources about its corporate sustainability initiative.

Akamai Announces 2023 Sustainability Report and Microsite

Customer demand grows more than 200% since launch in 2023 CAMBRIDGE, Mass. , April 23, 2024 /PRNewswire/ -- Akamai Technologies, Inc.  (NASDAQ: AKAM), the cloud company that powers and protects life online, today announced that its API Security product has achieved the latest (version 4.0) Payment Card Industry Data Security Standard (PCI DSS) compliance.

Akamai's API Security Product Achieves PCI Compliance and Sees Tremendous Customer Growth

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Akamai's (AKAM) tailored GPU service fills a void in an industry largely underserved by existing solutions, particularly in terms of cost-effectiveness.

Akamai (AKAM) Uses NVIDIA's GPUs for Optimal Processing

New encoding using cost-effective NVIDIA GPUs enables optimal processing for media companies LAS VEGAS , April 15, 2024 /PRNewswire/ --  Akamai Technologies , Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, added a new media-optimized offering based on NVIDIA GPUs to its growing cloud portfolio. With the NVIDIA RTX 4000 Ada Generation GPU , the new cloud-based service provides better productivity and economics for companies in the media and entertainment industry that are challenged with processing video content faster and more efficiently.

Akamai Rolls Out Cloud Infrastructure and Services Powered by NVIDIA, Optimized for Video Processing

Recently, Zacks.com users have been paying close attention to Akamai Technologies (AKAM). This makes it worthwhile to examine what the stock has in store.

Akamai Technologies, Inc. (AKAM) is Attracting Investor Attention: Here is What You Should Know

CAMBRIDGE, Mass. , April 11, 2024 /PRNewswire/ -- Akamai Technologies , Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, announced today that the company will hold a conference call for investors on Thursday, May 9, 2024, at 4:30 p.m.

Akamai Technologies To Hold First Quarter 2024 Investor Conference Call On Thursday, May 9, at 4:30 PM ET

Shield NS53 protects on-premises and hybrid DNS infrastructure from resource exhaustion attacks CAMBRIDGE, Mass. , April 9, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today announced the launch of  Akamai Shield NS53 , a product that protects on-premises (on-prem) Domain Name System (DNS) infrastructure from resource exhaustion attacks.

Akamai Expands Offerings in Hybrid DNS Infrastructure Security with Shield NS53

In the most recent trading session, Akamai Technologies (AKAM) closed at $105.82, indicating a -0.4% shift from the previous trading day.

Here's Why Akamai Technologies (AKAM) Fell More Than Broader Market

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Cybersecurity stocks are in the spotlight as the sector booms, driven by increased digital reliance and heightened cyber threats. This growth is amplified as companies integrate technologies like cloud computing, AI, the Internet of Things (IoT), and big data analytics into their operations, leading to new cybersecurity challenges.

Investing in Digital Defense: 3 Cybersecurity Stocks Leading the Charge

Akamai Technologies beats EPS estimates but falls short on revenues. Transition away from traditional markets to focus on security and edge computing. Competition and pricing pressures affecting revenues in traditional verticals.

News for Akamai Technologies Stock (AKAM)