Craig-Hallum Upgrades Akamai Technologies (AKAM) to Buy

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Go back to Craig-Hallum Upgrades Akamai Technologies (AKAM) to Buy

Akamai Reports Fourth Quarter 2015 And Full-Year 2015 Financial Results

February 9, 2016 4:02 PM EST

CAMBRIDGE, Mass., Feb. 9, 2016 /PRNewswire/ --

Fourth Quarter Highlights

Revenue of $579 million, up 8% year-over-year and up 11% adjusted for foreign exchange* GAAP EPS of $0.49 per diluted share, down 9% year-over-year and down 5% when adjusted for foreign exchange* Non-GAAP EPS* of $0.72 per diluted share, up 3% year-over-year and up 5% when adjusted for foreign exchange* (includes $0.06 per diluted share tax benefit from the reinstatement of the federal R&D tax credit)

Full-Year Highlights

Revenue of $2.2 billion, up 12% year-over-year and up 16% adjusted for foreign exchange*... More