06.02.2018 22:14:07
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Akamai Technologies Inc Profit Drops In Q4
(RTTNews) - Akamai Technologies Inc (AKAM) announced earnings for fourth quarter that retreated compared to the same period last year.
The company said its profit totaled $117.72 million, or $0.69 per share. This was down from $126.15 million, or $0.72 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.63 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 7.7% to $663.45 million. This was up from $616.12 million last year.
Akamai Technologies Inc earnings at a glance:
-Earnings (Q4): $117.72 Mln. vs. $126.15 Mln. last year. -Earnings Decline (Y-o-Y): -6.7% -EPS (Q4): $0.69 vs. $0.72 last year. -EPS Decline (Y-o-Y): -4.2% -Analysts Estimate: $0.63 -Revenue (Q4): $663.45 Mln vs. $616.12 Mln last year. -Revenue Change (Y-o-Y): 7.7%
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Akamai Inc. | 90,76 | -2,29% |