Long trade : AKAM +10% (1/21)

  

 

• One month later:

Akamai Tech (AKAM) reported earnings on Mon 29 Oct 2018 (a/h)

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Akamai Tech beats by $0.11, reports revs in-line; Note, co typically guides on the call, which starts at 4:30pm ET; announces new $1.1 bln share repurchase authorization

Reports Q3 (Sep) earnings of $0.94 per share, excluding non-recurring items, $0.11 better than the S&P Capital IQ Consensus of $0.83; revenues rose 7.2% year/year to $669.63 mln vs the $664.17 mln S&P Capital IQ Consensus.

Co also announces it has authorized a new $1.1 billion share repurchase program, effective from November 1, 2018 through December 31, 2021, which is in addition to $124 mln remaining on its prior authorization.

Earnings this week : Oct 29 - Nov 2, 18 (wk 44)

Headlining earnings this week will be Facebook (FB) on Tuesday and Apple (AAPL) on Thursday. Other notable earnings reports include General Electric (GE), Pfizer (PFE), and Coca-Cola (KO) on Tuesday, General Motors (GM) on Wednesday, Starbucks (SBUX) on Thursday, and Alibaba (BABA) on Friday.

Monday (Oct 29) 

• Morning: FDC YNDX BAH ON AMG CDAY RAMP WFT
• Afternoon:   AEIS AKAM ALSN AMED AMKR APPF APTI ARE AVB AXGN BLKB BRX CACC CBL CGNX CHE CHGG CLR CYH EFII EGHT EHC ELVT EPR ESV FCPT FET FTSI HIIQ HLIT HTLF INST KAI KBR KLAC KNL MDLZ MEDP NLS OFIX OGS OLN PI QGEN QTNA QTS RE RIG RMBS SANM SCI SSD TCO TKR TNET TREX TXRH UDR VNO VNOM VRNS WCN WING

Tuesday (Oct 30)

• Morning:  CHK + ACCO AER AET AGCO AGN AMRC AMT AN AOS ARII ARNC ARRY AWI BHGE BKI BP BPMC BTU CEQP CIGI CMCO CMI CNX CNXM CTSH CVLT EAT ECL ERJ ETN EXP FCAU FDP FIS FLIR FLOW FMS FUN GE GPN GWR HCA HEP HMC HUN HZO I INCY IPGP IPI KEM KO LL LYB MA MAS MSM NEO NTLA OXSQ PEG PFE SABR SHOO SNE SQNS SSTK ST TECH TPR TRS UAA VMC VNTR VSH WAB WCG WDR WELL WH WLH XYL
• Afternoon: ACGL AEGN AFG AINV AMGN APAM APC BAND BEAT BGS BHE BIDU BJRI BXP CAI CAKE CHRW CLVS CONE CRAY CW CXO DDD DENN EA EBAY EIX EVTC EXAS EXR FB FEYE FLT GNW H HABT HCLP HLF HURN HVT HY INN IQ IRTC LNTH MDR MGM MGRC MOBL MOD MRCY MX MXIM MXL NANO NBR NCR NGHC NTRI NUVA NXGN OI OKE ORBC OSPN PAYC PDM PSA QLYS QNST QUAD RBBN REXR RNR RPAI RRD RXN SF SFLY SIMO SKYW SPWR SSW TCS TENB TMUS TTMI TX ULTI VOYA VRSK WES WGP WIRE WLL WNC XLRN YUMC ZEN

Wednesday (Oct 31)

• Morning: ACOR ADP AEE AIT ANTM APO APTV ARCC AUO BAX BCOR BDC BG CAMT CBZ CDW CG CIM CLH CLX CRTO CVE DBD DIN EGL EL EPD ETR GM GNC GRMN HCP HES HFC HSC IART ICE ICPT IGT K KFRC LFUS LIVN MAXR NEWM OMI ORBK PBF PBFX RDC RDN S SAIA SC SITE SNY SPAR SPR STNG TAP TEL THR TMHC UTHR WD WEC WEX YUM    
• Afternoon: ADSW AGI AIG ALL AMGP AMN APA AR ATH AWK AXTI BLDP CACI CDE CF CLI CMP CNO CRY ENSG ESRT ESRX FARO FISV FIT FORM FOXF FRAC FRT HBM HCC HGV HPR JBT KIDS KRG KW LHCG LSI MAA MAC MASI MDU MOH MRC MTDR MUSA MYRG NE NEXA NFX NLY NPO NXPI O OMF OTEX PKI PPC PRAH QRVO RGLD RGR RPT RYN SOI SSNC STAY STMP SU THG TS TUSK TYL WHD WMB WPX WTI XPO ZNGA

Thursday (Nov 1)

• Morning: ECA   AAON AAWW ABMD AGIO ALE AMAG AMCX AME AMRN ARES AROC ARW AVP AYR BCE BID BLL BMCH BSIG CBRE CCOI CEIX CHD CHSP CI CJ CNQ CNSL CRAI CWT D DM DNOW DWDP EEX EGRX EPAM EXC EXLS FBM FLWS FND GEL GIL GLOG GLPI GNRC GOLF HBI HPP IBP ICL IDA IDCC IDXX IIVI INAP INGR INXN IPHS IT ITGR JHG LCII LITE LXRX MD MDC MGP MGPI MIXT MMP MPC MPW MSCI MSG MT NBL NI NSP NTCT NVMI NYT OSK PAH PBH PBI PENN PH PPL PRFT PWR RDS.A ROCK SEE SFM SHPG SN SNDR SNR SPOT SSYS STFC STOR TEVA TFX THS TPX TREE TRP TVPT UFS USCR USPH VECO VSAT VSTO W WCC WRLD WYND YRCW ZTS 
• Afternoon: AAPL ACIA ACLS AGI AIRG AIV ALEX AMH ANET AOSL APPN ARCB ATGE ATHN ATR ATRC ATSG BCOV BFAM BIO BL BLDR BNFT BRKR BVX CARB CATM CBPO CBS CC CCRN CECO CERS CHEF CPS CPSI CRC CRUS CTRL CWST CZR DEI DHT EBS ECOL ED EEP EGOV ELGX EOG EQIX ERII ES EXEL FATE FICO FLR FTAI FTNT GPRO GSAT GSBD GTE HR HST HTGC ICFI IMMR IPHI KAMN KHC KTWO KWR LADR LHO LNC LOCO LYV MDRX MELI MET MITK MSI MTX OLED P PACB PBA PBYI PCTY PE PEB PETX PK PMT PODD RMAX ROG RP RTEC RTRX RYI SBUX SEDG SEM SHAK SHLX SKT SM SPXC SRCL SRG STAG SYMC TDC TDOC TEX TNDM TRMB TRQ TSRO TTOO UNIT USX VIAV VICI WIFI WTW WU X Y 

Friday (Nov 2)

• Morning:  ABBV ABR ASIX AXL BABA BPL CBOE CCJ CNK COL CVX DOC DUK EAF ENB EXTR FTS HMSY HRC IMGN IMO ITT MDP MOG.A MSGN NPTN NWL RLGY ROLL RUTH STX TDS TGH TRTN TWI TYPE USM VG VIRT VST WLTW WPC XOM

=Akamai Tech (AKAM) reported earnings on Mon 30 Apr 2018 (a/h)

Akamai Tech beats by $0.09, beats on revs; 

• Reports Q1 (Mar) earnings of $0.79 per share, excluding non-recurring items, $0.09 better than the Capital IQ Consensus of $0.70; revenues rose 11.5% year/year to $669 mln vs the $654.37 mln Capital IQ Consensus.

=Akamai Tech (AKAM) reported earnings on Tue 24 Oct 2017 (a/h)

Akamai Tech beats by $0.03, beats on revs 

• Reports Q3 (Sep) earnings of $0.62 per share, $0.03 better than the Capital IQ Consensus of $0.59; revenues rose 6.3% year/year to $621 mln vs the $610.66 mln Capital IQ Consensus.
• Cambridge, Mass.-based Akamai is the biggest provider of content delivery network, or CDN, services, which increase the speed of e-commerce transactions, business software downloads and video streaming to mobile devices. Akamai has moved into higher margin cloud security services as prices for content delivery network services continue to tumble.
• Akamai said web division revenue rose 14% to $328 million. Akamai said media revenue fell 1% to $273 million.
• Shares in the provider of internet infrastructure for content delivery climbed 3.5% to 53.70 during after-hours trading in the stock market today. Akamai stock had plunged 22% in 2017 before the release of earnings.

=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.

=Akamai Technologies (AKAM) reported earnings on Tue 25 Oct 2016 (a/h)

Internet bandwidth provider Akamai Technologies (AKAM) this afternoon reported Q3 revenue and profit that easily topped consensus, sending its shares sharply higher in late trading.

Revenue in the three months ended in September rose to $584 million, yielding EPS of 68 cents, excluding some costs.

Analysts had been modeling $572 million and 61 cents a share.

CEO Dr. Tom Leighton called the results “strong,” citing “accelerated growth in both our Cloud Security and Web Performance Solutions.”

Added Leighton,

As the cyber-attacks from last week demonstrate, enterprises need solutions capable of defending against massive botnets that are exploiting millions of online devices. This is an area where Akamai’s unique architecture and ongoing investments in global scale and security innovation continue to make a critical difference.

=Akamai Technologies (AKAM) reported earnings on Tue 26 Jul 2016 (a/h)

Akamai Technologies Inc. warned its core profit could decline this quarter as its biggest Silicon Valley customers invest more in their own network infrastructure.

Shares dropped 11% to $51.70 in after-hours trading as the company warned its margins could also come under pressure as prices for some customers decline.

The Cambridge, Mass., company blamed a revenue pullback from its biggest technology customers like Apple Inc. and Facebook Inc. as they channel more data through their own systems rather than outsourcing the job.

Akamai’s six biggest technology customers, which also include Amazon.com Inc., Alphabet Inc.’s Google, Microsoft Corp. and Netflix Inc., accounted for about 11% of its revenue in the second quarter, down from 18% for the same period last year.

=Akamai Technologies (AKAM) reported 4Q earnings on Tue 9 Feb 2016 (a/h)

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** charts after earnings **








Beat on Q4 EPS of $0.72 ($0.62 Consensus) and on revs of $579 mln ($569 mln Consensus).

Akamai Technologies (AKAM) reports earnings on Wed 2/6/13 after close

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** daily Heikin before **

Akamai Technologies, Inc.(NASDAQ:AKAM) said on Wednesday that it expected first quarter earnings in the range between 50 and 52 cents a share on revenues of $352 and $362 million. This is much below what analysts have estimated and shares in the company plunged 18 percent in pre-open session.

Analysts on average were expecting earnings of 47 cents per share on revenue of $370.1 million.
The company provides content on the Internet and its customers include Facebook, Netflix, Apple, Sony, News Corp, Nintendo and NBC.