Akamai Technologies (AKAM) Q4 EPS Guidance Tops Views

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Go back to Akamai Technologies (AKAM) Q4 EPS Guidance Tops Views

Akamai Technologies (AKAM) PT Raised to $77 at RBC Capital

October 30, 2018 6:51 AM EDT

RBC Capital analyst Mark Mahaney raised the price target on Akamai Technologies (NASDAQ: AKAM) to $77.00 (from $73.00) while maintaining a Sector Perform rating.

Mahaney notes management believes it has yet to see any YAAKs (Yet Another Akamai Killer) take significant market share.

... More

Akamai Technologies (AKAM) Tops Q3 EPS by 11c

October 29, 2018 4:03 PM EDT

Akamai Technologies (NASDAQ: AKAM) reported Q3 EPS of $0.94, $0.11 better than the analyst estimate of $0.83. Revenue for the quarter came in at $670 million versus the consensus estimate of $664.17 million.

"We are very pleased with our excellent results in the third quarter, which includes 37%... More