Akamai Technologies Inc. (AKAM)
Will the AKAM Stock Aid From the Expansion of Its Cloud Solutions?
Akamai extends cloud security solutions with enhanced Guardicore Segmentation and Enterprise Application Access solutions.
Akamai Technologies Q3: Interesting Enough To Put On My Watchlist
Akamai Technologies' Q3 earnings showed mixed results, with revenue up 3.6% y/y but a significant GAAP operating margin drop due to restructuring charges. The company's outlook is weak with lowered full-year revenue and profit forecasts, leading to a 15% drop in share price. Despite short-term challenges, Akamai's security and compute segments show promise, with strong growth potential in cloud services and online security.
Buy, Sell, Or Hold Akamai Stock?
Akamai stock tumbled 14% in Friday's trading following its Q3 earnings report, which largely met expectations but raised concerns with a weaker Q4 guidance. Moreover, the continued decline in the company's core content delivery network business, appears to have compounded investor worries.
Akamai's Q3 Earnings In Line With Estimates, Revenues Rise Y/Y
AKAM reports a year-over-year top-line expansion driven by healthy traction in multiple segments.
Akamai Technologies, Inc. (AKAM) Q3 2024 Earnings Call Transcript
Akamai Technologies, Inc. (NASDAQ:AKAM ) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Mark Stoutenberg - Head of IR Tom Leighton - CEO Ed McGowan - CFO Conference Call Participants Rishi Jaluria - RBC James Fish - Piper Sandler Frank Louthan - Raymond James Rudy Kessinger - D.A. Davidson Matt Dezort - Needham Operator Good day.
Akamai Technologies (AKAM) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Akamai Technologies (AKAM) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Akamai Technologies (AKAM) Q3 Earnings Match Estimates
Akamai Technologies (AKAM) came out with quarterly earnings of $1.59 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.63 per share a year ago.
Akamai forecasts fourth-quarter revenue below estimates on weak client spending
Akamai Technologies forecast fourth-quarter revenue below estimates on Thursday, expecting a pullback in spending on its cloud and content delivery services by clients grappling with an uncertain macroeconomic environment.
Ahead of Akamai Technologies (AKAM) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Akamai Technologies (AKAM), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
Akamai Set to Report Q3 Results: Will Revenue Growth Boost Earnings?
Akamai is expected to have seen y/y top-line growth in the third quarter, driven by solid demand in several end markets and product innovation.
Akamai Technologies (AKAM) Suffers a Larger Drop Than the General Market: Key Insights
Akamai Technologies (AKAM) closed at $101.85 in the latest trading session, marking a -1.08% move from the prior day.
Here's Why Akamai Technologies (AKAM) Gained But Lagged the Market Today
In the closing of the recent trading day, Akamai Technologies (AKAM) stood at $102.80, denoting a +0.08% change from the preceding trading day.
