October 23, 2013 / 8:08 PM / 4 years ago

Akamai profit rises 65 percent, shares jump

(Reuters) - Akamai Technologies Inc (AKAM.O), whose products help to move content quickly over the Internet, reported a 65 percent rise in profit as mobile activity and app downloads increased after Apple Inc (AAPL.O) launched its iOS 7 platform.

Akamai’s shares rose about 9 percent in extended trading.

Net income rose to $80 million, or 44 cents per share, in the third quarter, from $48 million, or 27 cents per share, a year earlier.

Excluding items, the company earned 50 cents per share.

Revenue rose 15 percent to $396 million.

Reporting by Supantha Mukherjee and Chandni Doulatramani in Bangalore; Editing by Don Sebastian

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