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Akamai Technologies Inc (AKAM.OQ)

AKAM.OQ on NASDAQ Stock Exchange Global Select Market

109.22USD
7 Aug 2020
Change (% chg)

$0.04 (+0.04%)
Prev Close
$109.18
Open
$109.31
Day's High
$109.67
Day's Low
$108.00
Volume
601,146
Avg. Vol
791,257
52-wk High
$116.16
52-wk Low
$75.51

Latest Key Developments (Source: Significant Developments)

Akamai Reports First Quarter 2020 Financial Results
Wednesday, 29 Apr 2020 

April 28 (Reuters) - Akamai Technologies Inc ::AKAMAI REPORTS FIRST QUARTER 2020 FINANCIAL RESULTS.QTRLY REVENUE WAS $764 MILLION, AN 8% INCREASE OVER Q1 2019.QTRLY GAAP EPS WAS $0.75 PER DILUTED SHARE.QTRLY NON-GAAP EPS WAS $1.20 PER DILUTED SHARE.Q1 EARNINGS PER SHARE VIEW $1.16, REVENUE VIEW $749.8 MILLION -- REFINITIV IBES DATA.  Full Article

Verimatrix Partners With Akamai Intelligent Edge Platform
Monday, 6 Apr 2020 

April 6 (Reuters) - VERIMATRIX SA ::ANNOUNCES SERVER-SIDE WATERMARKING INTEGRATION WITH AKAMAI INTELLIGENT EDGE PLATFORM.NEW WATERMARKING COLLABORATION OPTIMALLY PROTECTS AKAMAI CUSTOMERS FROM THREATS OF ILLICIT VIDEO REDISTRIBUTION.  Full Article

Akamai Technologies Acquires Customers And Select Intellectual Property From Instart
Thursday, 27 Feb 2020 

Feb 27 (Reuters) - Akamai Technologies Inc ::AKAMAI TECHNOLOGIES ACQUIRES CUSTOMERS AND SELECT INTELLECTUAL PROPERTY FROM INSTART.AKAMAI TECHNOLOGIES INC - ACQUIRED IP IS EXPECTED TO BENEFIT DEVELOPMENT OF AKAMAI'S PAGE INTEGRITY SOLUTION.AKAMAI TECHNOLOGIES - DEAL IS IMMATERIAL TO CO'S FINANCIAL RESULTS AND IS NOT ANTICIPATED TO NEGATIVELY AFFECT CO'S OPERATING MARGIN TARGET.  Full Article

Akamai Technologies Qtrly EPS $0.73
Wednesday, 12 Feb 2020 

Feb 11 (Reuters) - Akamai Technologies Inc ::AKAMAI TECHNOLOGIES - QTRLY EARNINGS PER SHARE $0.73; QTRLY NON-GAAP EARNINGS PER SHARE $1.23.AKAMAI TECHNOLOGIES - QTRLY REVENUE $772.1 MILLION VERSUS $713.4 MILLION.Q4 EARNINGS PER SHARE VIEW $1.13, REVENUE VIEW $749.3 MILLION -- REFINITIV IBES DATA.AKAMAI TECHNOLOGIES - WEB DIVISION REVENUE FOR Q4 WAS $420 MILLION, UP 9%.AKAMAI TECHNOLOGIES - CLOUD SECURITY SOLUTIONS REVENUE FOR Q4 WAS $238 MILLION, UP 29%.AKAMAI TECHNOLOGIES - MEDIA AND CARRIER DIVISION REVENUE FOR Q4 WAS $353 MILLION, UP 8%.AKAMAI TECHNOLOGIES - BELIEVE CO IS "WELL-POSITIONED" TO ACHIEVE 30% NON-GAAP OPERATING MARGIN GOAL IN 2020.  Full Article

Akamai Technologies Acquires Authentication Technology From Kryptco
Friday, 20 Sep 2019 

Sept 19 (Reuters) - Akamai Technologies Inc ::AKAMAI TECHNOLOGIES INC. ACQUIRES AUTHENTICATION TECHNOLOGY FROM KRYPTCO.AKAMAI TECHNOLOGIES INC - ACQUIRED TECHNOLOGY OF KRYPTCO.  Full Article

Akamai Technologies To Expand Presence In Latin America By Acquiring Exceda
Monday, 9 Sep 2019 

Sept 9 (Reuters) - Akamai Technologies Inc ::AKAMAI TECHNOLOGIES TO EXPAND PRESENCE IN LATIN AMERICA BY ACQUIRING EXCEDA.AKAMAI TECHNOLOGIES INC - ENTERED INTO AN AGREEMENT TO ACQUIRE EXCEDA, ITS LARGEST CHANNEL PARTNER IN LATIN AMERICA.AKAMAI TECHNOLOGIES INC - EXPECTS EXCEDA TRANSACTION TO ADD APPROXIMATELY $2 MILLION OF REVENUE IN 2019, AND $15 MILLION IN 2020.AKAMAI TECHNOLOGIES - EXPECTS EXCEDA TRANSACTION TO BE $0.01 DILUTIVE TO ITS NON-GAAP EARNINGS PER SHARE FOR 2019, AND $0.01 - 0.02 ACCRETIVE IN 2020.AKAMAI TECHNOLOGIES - ACQUISITION IS NOT EXPECTED TO IMPACT AKAMAI'S PREVIOUSLY-STATED GOAL OF ACHIEVING A NON-GAAP OPERATING MARGIN OF 30% BY 2020.AKAMAI TECHNOLOGIES INC - ALL-CASH TRANSACTION IS EXPECTED TO CLOSE IN Q4 OF 2019.  Full Article

Akamai Says Priced Private Offering Of $1 Bln In Aggregate Principal Amount Of Convertible Senior Notes Due 2027
Wednesday, 14 Aug 2019 

Aug 13 (Reuters) - Akamai Technologies Inc ::AKAMAI ANNOUNCES PRICING OF OFFERING OF CONVERTIBLE SENIOR NOTES.AKAMAI TECHNOLOGIES INC SAYS HAS PRICED ITS PRIVATE OFFERING OF $1 BILLION IN AGGREGATE PRINCIPAL AMOUNT OF ITS CONVERTIBLE SENIOR NOTES DUE 2027.  Full Article

Akamai Reports Qtrly EPS Of $0.65
Wednesday, 1 May 2019 

April 30 (Reuters) - Akamai Technologies Inc ::QTRLY EARNINGS PER SHARE $0.65; QTRLY ADJUSTED EARNINGS PER SHARE $1.10.QTRLY REVENUE OF $707 MILLION, UP 6%.Q1 EARNINGS PER SHARE VIEW $1.02, REVENUE VIEW $698.3 MILLION -- REFINITIV IBES DATA.QTRLY WEB DIVISION REVENUE $376 MILLION, UP 7%.QTRLY MEDIA AND CARRIER DIVISION REVENUE $330 MILLION, UP 5%.QTRLY CLOUD SECURITY SOLUTIONS REVENUE $190 MILLION, UP 27%.  Full Article

Akamai Expands Partnership With Microsoft Azure
Wednesday, 3 Apr 2019 

April 3 (Reuters) - Akamai Technologies Inc ::AKAMAI EXPANDS PARTNERSHIP WITH MICROSOFT AZURE.AKAMAI TECHNOLOGIES INC - INTEGRATED AKAMAI'S CONTENT DELIVERY NETWORK (CDN) CAPABILITIES WITH MICROSOFT AZURE MEDIA SERVICES AND BLOB STORAGE.  Full Article

Personalized Media Filed Patent Infringement Suits Against Google, Akamai, And Netflix
Friday, 22 Mar 2019 

March 21 (Reuters) - Personalized Media Communications, LLC::PERSONALIZED MEDIA COMMUNICATIONS LLC SAYS HAS FILED PATENT INFRINGEMENT SUITS AGAINST GOOGLE, AKAMAI, AND NETFLIX.  Full Article

Akamai beats estimates on cyber security and content delivery growth

Akamai Technologies on Tuesday beat quarterly estimates for revenue and profit, driven by strong demand for its cloud security services and growth in its traditional business of speeding up media content delivery through the web.