Akamai (AKAM) Numbers Cut at UBS But Sees Chance to Buy
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Cowen Cuts Price Target on Akamai Technologies (AKAM) Following 2Q15 Results
July 29, 2015 7:16 AM EDTCowen 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
Akamai Technologies (AKAM) Misses Q2 EPS by 1c
July 28, 2015 4:13 PM EDTAkamai 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
