tiprankstipranks
Akamai reports Q4 adjusted EPS $1.69, consensus $1.60
The Fly

Akamai reports Q4 adjusted EPS $1.69, consensus $1.60

Reports Q4 revenue $995M, consensus $998.13M. “Akamai’s fourth quarter financial performance capped off an excellent year for the company highlighted by very strong profitability,” said Dr. Tom Leighton, Akamai’s Chief Executive Officer. “We were very pleased with our Security and Cloud Computing results in 2023 which now represent 60% of total revenue. Looking to 2024, we plan to continue driving profitability in delivery, expanding our market leading security offerings, and extending our cloud computing platform to the edge to provide customers with better performance at a lower cost.”

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on AKAM:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles