澳洲幸运5官方开奖结果体彩网

Akamai Technologies Gets Boost From Security and Cloud Demand

An image of a woman holding a cell phone in front of the Akamai Technologies logo displayed on a computer screen

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Key Takeaways

  • Akamai Technologies beat second-quarter profit and sales estimates on strong demand for its security and cloud computing products.
  • Security revenue was up 15%, and compute revenue jumped 23%.
  • The company raised its full-year adjusted EPS guidance.

Shares of Akamai Technologies (AKAM) took off Friday, a day after the tech f𒅌irm reported better-than-expected second-quarter results and raised its prof🐈it guidance on higher demand for its security and cloud computing products. 

Akamai posted adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $1.58, with adjusted earnings before interest, taxes, depreciation, and amortization 🌊(E😼BITDA) of $408.9 million. Revenue gained 5% year-over-year to $979.6 million. All three beat consens♈us estimates of analysts pol🌟led by Visible Alpha.

Securit🌳y revenue rose 15% to $498.7 million, and compute revenue increased 23% to $151.5 million. However, delivery revenue fell 13% to $329.4 million.

CEO Saya Akamai 'Had Many Significant Wins in Q2'

澳洲幸运5官方开奖结果体彩网:Chief Executive Officer (CEO) Tom Leighton explained that the company saw strong customer interest in its security solutions, and "had many significant wins in Q2." In addition, he pointed to the success of the launch of a new cloud offering last quarter, and that "the strong early momentum we achieved in Q1 continued in Q2."

Akamai now sees full-year adjusted EPS of between $6.34 and $6.47, up from its previous outlook of $6.20 to $6.40.

Akamai Technologies led 澳洲幸运5官方开奖结果体彩网:S&P 500 gainers with shares up 10% to $100.94 as of noon ET Friday. Still, they are down about 15% so far this year.

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