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Akamai Technologies, Inc. (AKAM): Q3 2019 Earnings Snapshot

— Akamai Technologies, Inc. (NASDAQ: AKAM) reported third-quarter 2019 earnings of $1.10 per share, vs. $1 per share expected. — Total revenue grew 6% to  $710 million, vs. $701.3 million expected. — Security product revenue jumped 29% YoY. — On track to achieve 30% operating margin in 2020: CEO Tom Leighton. — AKAM shares were […]

$AKAM October 28, 2019 1 min read
NYSE
$AKAM · Earnings

— Akamai Technologies, Inc. (NASDAQ: AKAM) reported third-quarter 2019 earnings of $1.10 per share, vs. $1 per share expected. — Total revenue grew 6% to  $710 million, vs. $701.3 million expected. — Security product revenue jumped 29% YoY. — On track to achieve 30% operating margin in 2020: CEO Tom Leighton. — AKAM shares were […]

· October 28, 2019

— Akamai Technologies, Inc. (NASDAQ: AKAM) reported third-quarter 2019 earnings of $1.10 per share, vs. $1 per share expected.

— Total revenue grew 6% to  $710 million, vs. $701.3 million expected.

— Security product revenue jumped 29% YoY.

— On track to achieve 30% operating margin in 2020: CEO Tom Leighton.

— AKAM shares were down 0.36% immediately following the announcement.

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 akamai technologies Q3 2019 earnings infographic

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