Sees Q1 revenue $980M-$1B, consensus $998.13M. Sees Q1 gross margin 73%. Sees Q1 operating expense $30M-$31M. Sees Q1 EBITDA margin 42%-42%. Sees Q1 operating margin 29%-30%. Sees Q1 tax rate 18.5%-19%.Says foreign exchange will have positive $2M impact on revenue in Q1. Sees Q1 capital expenditures $146M-$154M. Guidance taken from Q4 earnings conference call.
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:
- AKAMAI REPORTS FOURTH QUARTER 2023 AND FULL-YEAR 2023 FINANCIAL RESULTS
- AKAM Upcoming Earnings Report: What to Expect?
- Cantor Fitzgerald biotech analysts hold an analyst/industry conference call
- DA Davidson SASE/SD-WAN analysts hold analyst/industry conference call
- Citi ups Akamai target, opens ‘positive catalyst watch’ into earnings