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Tuesday, May 2, 2017

=Akamai Tech (AKAM) reported earnings on Tue 2 May 2017 (a/h)




Akamai Tech beats by $0.02, reports revs in-line :
  • Reports Q1 (Mar) earnings of $0.69 per share, $0.02 better than the Capital IQ Consensus of $0.67; revenues rose 7.3% year/year to $609 mln vs the $604.71 mln Capital IQ Consensus.
  • Performance and Security Solutions revenue was $369 million, up 17% year-over-year and up 18% when adjusted for foreign exchange ... Cloud Security Solutions revenue, a component of Performance and Security, was $110 million, up 36% year-over-year and up 37% when adjusted for foreign exchange ... Media Delivery Solutions revenue was $187 million, down 9% year-over-year and when adjusted for foreign exchange.
  • U.S. revenue was $407 million, up 2% year-over-year ... International revenue was $203 million, up 19% year-over-year and up 21% when adjusted for foreign exchange.
  • Cash from operations was $143 million, or 23% of revenue.

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