KeyBanc/Pacific Crest Downgrades Akamai Technologies (AKAM) to Sector Weight

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Akamai Reports Second Quarter 2016 Financial Results

July 26, 2016 4:01 PM EDT

CAMBRIDGE, Mass., July 26, 2016 /PRNewswire/ --

Revenue of $572 million, up 6% year-over-year and also up 6% when adjusted for foreign exchange* GAAP EPS of $0.42 per diluted share, up 14% year-over-year and up 10% when adjusted for foreign exchange* Non-GAAP EPS of $0.64 per diluted share, up 12% year-over-year and up 11% when adjusted for foreign exchange*

Akamai Technologies, Inc. (NASDAQ: AKAM), the global leader in Content Delivery Network (CDN) services, today reported financial results for the second quarter ended June 30, 2016.... More