Investing.com - Akamai (NASDAQ: AKAM) reported first quarter EPS of $1.64, $0.03 better than the analyst estimate of $1.61. Revenue for the quarter came in at $987M versus the consensus estimate of $989.03M.
Guidance
Akamai sees Q2 2024 EPS of $1.51-$1.56 versus the analyst consensus of $1.64.
Akamai sees Q2 2024 revenue of $967.00M-$986.00M versus the analyst consensus of $1.00B.
Akamai sees FY 2024 EPS of $6.20-$6.40 versus the analyst consensus of $6.73.
Akamai sees FY 2024 revenue of $3.95B-$4.02B versus the analyst consensus of $4.08B.
Akamai's stock price closed at $102.46. It is down -20.15% in the last 3 months and up 19.78% in the last 12 months.
Akamai saw 11 positive EPS revisions and 4 negative EPS revisions in the last 90 days. See Akamai's stock price’s past reactions to earnings here.
According to InvestingPro, Akamai's Financial Health score is "good performance".
Check out Akamai's recent earnings performance, and Akamai's financials here.
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