Akamai Technologies, Inc. (AKAM) is scheduled to release Q315 earnings after the close today. The Street is looking for EPS of $0.58 and revenue of $550.27 million. Last quarter, the cloud services provider posted EPS of $0.57, $0.01 lower than the Street’s consensus estimate of $0.58. Revenue increased 13.66% year-over-year to $541 million versus the $476 million reported. Meanwhile, for the current quarter EarningsWhisper.com reports a whisper number of $0.59 per share.
AKAM shares recently gained $0.87 to $76.24. The stock is up more than 36% year-over-year and has gained roughly 20% year-to-date. In the past 52 weeks, shares of Cambridge, Massachusetts-based company have traded between a low of $55.41 and a high of $78.44.
Akamai Technologies, Inc. closed Monday at $75.37. The name has a current market cap of $13.62 billion.
Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!
Leave a Reply