Categories Earnings, Technology

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 down 0.36% immediately following the announcement.

 akamai technologies Q3 2019 earnings infographic

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Most Popular

Earnings calendar for the week of March 8

On the heels of lawmakers moving closer to passing the stimulus bill, inflations concerns gripped the market after Federal Reserve chief Jerome Powell at a meeting said the reopening would

Why Costco’s (COST) growth prospects might depend on beating costs, digital lag

Though the retail boom triggered by the pandemic was estimated to be short-lived initially, the shopping spree continued as customers stocked up on essential items, concerned about the persistent market

Gap (GPS) hopes to see a favorable recovery by the second half of 2021

Shares of Gap Inc. (NYSE: GPS) were up 5.8% in afternoon hours on Friday. The stock has gained 103% over the past 12 months. Gap reported mixed results for the

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top