Akamai Reports Second Quarter 2015 Financial Results
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Go back to Akamai Reports Second Quarter 2015 Financial Results
July 29, 2015 11:08 AM EDT
UBS analyst Steven Milunovich lowered his price target on Akamai Technologies (NASDAQ: AKAM) to $80.00 (from $88.00) following the company miss but reiterated a Buy rating saying the weakens offers a chance to buy.
commented, "Investors often tell us they like the story but... More
July 29, 2015 7:16 AM EDT
Cowen maintained an Outperform rating on Akamai Technologies (NASDAQ: AKAM), and cut the price target to $75.00 (from $78.00), following 2Q15 results. Revenue was reported at $540.7MM vs. the Streets $540.4MM estimate. NON-GAAP EPS was $0.57 vs. the Streets $0.58 estimate. For 3Q15, AKAM expects... More
July 28, 2015 4:13 PM EDT
Akamai Technologies (NASDAQ: AKAM) reported Q2 EPS of $0.57, $0.01 worse than the analyst estimate of $0.58. Revenue for the quarter came in at $541 million versus the consensus estimate of $540.39 million.
"Akamai delivered a solid second quarter with strong revenue growth across every geography and solution... More
