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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 Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q1 2024

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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.

Akamai surpasses $4B revenue milestone, focuses on security and cloud

Akamai's Q3 performance reflects strong revenue growth, particularly in security and compute segments, with a positive outlook for Q4 revenue and operating margin.
The company's strengths include diversified revenue streams, strong customer interest in security solutions, and a competitive edge in cloud computing.
Challenges include workforce reductions to reallocate investments, while opportunities exist in expanding security and cloud offerings to drive growth and market leadership.
Overall, Akamai's strategic focus on security, compute, and cloud computing positions it well for continued growth and innovation in a competitive market.

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The strategic buyout of Noname Security addresses the current security challenges and positions Akamai (AKAM) as a pacesetter in the API security industry.

Akamai (AKAM) Completes Noname Security Buyout for $450M

CAMBRIDGE, Mass. , June 25, 2024 /PRNewswire/ -- Akamai Technologies, Inc.  (NASDAQ: AKAM), the cloud company that powers and protects life online, announces the company has completed its acquisition of application programming interface (API) security company, Noname Security.

Akamai Completes Acquisition of API Security Company Noname

Undetected web scraping bots severely impact ecommerce CAMBRIDGE, Mass. , June 25, 2024 /PRNewswire/ -- Akamai Technologies, Inc.  (NASDAQ: AKAM), the cloud company that powers and protects life online, today released a new State of the Internet (SOTI) report that details the security and business threats that organizations face with the proliferation of web scraping bots.

Bots Compose 42% of Overall Web Traffic; Nearly Two-Thirds Are Malicious, Reports Akamai

In the most recent trading session, Akamai Technologies (AKAM) closed at $88.92, indicating a -0.49% shift from the previous trading day.

Why Akamai Technologies (AKAM) Dipped More Than Broader Market Today

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Adobe

ASML Hld

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While the innovation ecosystem has rightfully commanded much of the attention on Wall Street, investors may want to consider profitable tech stocks. As circumstances become more challenging, it's the substantive enterprises that may last for the long haul.

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With the earnings-reporting season winding down, the windows for making insider purchases are opening up.

CEOs and Other Insiders Are Buying Shares of These 7 Stocks

Akamai (AKAM) expands its cloud computing portfolio by incorporating EZDRM digital rights management as a service solution into its compute partner program.

Akamai (AKAM) Partners EZDRM to Expand Computing Program

CAMBRIDGE, Mass. , May 16, 2024 /PRNewswire/ --  Akamai Technologies , Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, announced today that EZDRM , Inc. is the latest organization to join the Akamai Qualified Compute Partner Program.

EZDRM Joins Akamai Qualified Compute Partner Program

Akamai stock has had a tough year, declining by 20% since early January, compared to the Nasdaq-100, which has gained about 11% over the same period. Akamai's Q1 2024 earnings were reasonably strong, with the company seeing revenue grow by about 8% year-over-year to $987 million, with adjusted earnings coming in at $1.64 per share, up 17% year-over-year.

Akamai Is Doubling Down On API Security. Is The Stock Attractive At $95?

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Datacenter power consumption is predicted to more than double in the next six years, thanks to datacenter expansion. This growth is needed to process the huge amounts of data that supports AI and machine learning.

3 Data Infrastructure Stocks Poised to Soar on Skyrocketing Demand

Major U.S. equities indexes were mixed on Friday after the latest data from the University of Michigan's Consumer Sentiment Index showed sentiment declined sharply in May, falling to its lowest level in six months. Inflation remained at the forefront of consumers' concerns.

S&P 500 Gains and Losses Today: Akamai Technologies Tumbles on Weak Guidance

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.

News for Akamai Technologies Stock (AKAM)