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Akamai Technologies Inc (AKAM.OQ)

AKAM.OQ on NASDAQ Stock Exchange Global Select Market

90.41USD
13 Sep 2019
Change (% chg)

$-0.58 (-0.64%)
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Open
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Volume
1,042,825
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Latest Key Developments (Source: Significant Developments)

Akamai Technologies To Expand Presence In Latin America By Acquiring Exceda
Monday, 9 Sep 2019 

Sept 9 (Reuters) - Akamai Technologies Inc ::AKAMAI TECHNOLOGIES TO EXPAND PRESENCE IN LATIN AMERICA BY ACQUIRING EXCEDA.AKAMAI TECHNOLOGIES INC - ENTERED INTO AN AGREEMENT TO ACQUIRE EXCEDA, ITS LARGEST CHANNEL PARTNER IN LATIN AMERICA.AKAMAI TECHNOLOGIES INC - EXPECTS EXCEDA TRANSACTION TO ADD APPROXIMATELY $2 MILLION OF REVENUE IN 2019, AND $15 MILLION IN 2020.AKAMAI TECHNOLOGIES - EXPECTS EXCEDA TRANSACTION TO BE $0.01 DILUTIVE TO ITS NON-GAAP EARNINGS PER SHARE FOR 2019, AND $0.01 - 0.02 ACCRETIVE IN 2020.AKAMAI TECHNOLOGIES - ACQUISITION IS NOT EXPECTED TO IMPACT AKAMAI'S PREVIOUSLY-STATED GOAL OF ACHIEVING A NON-GAAP OPERATING MARGIN OF 30% BY 2020.AKAMAI TECHNOLOGIES INC - ALL-CASH TRANSACTION IS EXPECTED TO CLOSE IN Q4 OF 2019.  Full Article

Akamai Says Priced Private Offering Of $1 Bln In Aggregate Principal Amount Of Convertible Senior Notes Due 2027
Wednesday, 14 Aug 2019 

Aug 13 (Reuters) - Akamai Technologies Inc ::AKAMAI ANNOUNCES PRICING OF OFFERING OF CONVERTIBLE SENIOR NOTES.AKAMAI TECHNOLOGIES INC SAYS HAS PRICED ITS PRIVATE OFFERING OF $1 BILLION IN AGGREGATE PRINCIPAL AMOUNT OF ITS CONVERTIBLE SENIOR NOTES DUE 2027.  Full Article

Akamai Reports Qtrly EPS Of $0.65
Tuesday, 30 Apr 2019 

April 30 (Reuters) - Akamai Technologies Inc ::QTRLY EARNINGS PER SHARE $0.65; QTRLY ADJUSTED EARNINGS PER SHARE $1.10.QTRLY REVENUE OF $707 MILLION, UP 6%.Q1 EARNINGS PER SHARE VIEW $1.02, REVENUE VIEW $698.3 MILLION -- REFINITIV IBES DATA.QTRLY WEB DIVISION REVENUE $376 MILLION, UP 7%.QTRLY MEDIA AND CARRIER DIVISION REVENUE $330 MILLION, UP 5%.QTRLY CLOUD SECURITY SOLUTIONS REVENUE $190 MILLION, UP 27%.  Full Article

Akamai Expands Partnership With Microsoft Azure
Wednesday, 3 Apr 2019 

April 3 (Reuters) - Akamai Technologies Inc ::AKAMAI EXPANDS PARTNERSHIP WITH MICROSOFT AZURE.AKAMAI TECHNOLOGIES INC - INTEGRATED AKAMAI'S CONTENT DELIVERY NETWORK (CDN) CAPABILITIES WITH MICROSOFT AZURE MEDIA SERVICES AND BLOB STORAGE.  Full Article

Personalized Media Filed Patent Infringement Suits Against Google, Akamai, And Netflix
Thursday, 21 Mar 2019 

March 21 (Reuters) - Personalized Media Communications, LLC::PERSONALIZED MEDIA COMMUNICATIONS LLC SAYS HAS FILED PATENT INFRINGEMENT SUITS AGAINST GOOGLE, AKAMAI, AND NETFLIX.  Full Article

Akamai Technologies Reports Q4 GAAP EPS Of $0.57 Per Diluted Share
Tuesday, 12 Feb 2019 

Feb 12 (Reuters) - Akamai Technologies Inc ::AKAMAI REPORTS FOURTH QUARTER 2018 AND FULL-YEAR 2018 FINANCIAL RESULTS.COMPANY ALSO ANNOUNCES ED MCGOWAN TO SUCCEED JIM BENSON AS CHIEF FINANCIAL OFFICER IN PLANNED TRANSITION.REVENUE FOR Q4 WAS $713 MILLION, AN 8% INCREASE OVER Q4 2017 REVENUE.WEB DIVISION REVENUE FOR Q4 WAS $385 MILLION, UP 9% YEAR-OVER-YEAR.GAAP EPS FOR Q4 WAS $0.57 PER DILUTED SHARE.MEDIA AND CARRIER DIVISION REVENUE FOR Q4 WAS $328 MILLION, UP 8% YEAR-OVER-YEAR.NON-GAAP EPS FOR Q4 WAS $1.07 PER DILUTED SHARE.CLOUD SECURITY SOLUTIONS REVENUE FOR Q4 WAS $185 MILLION, UP 36% YEAR-OVER-YEAR.Q4 EARNINGS PER SHARE VIEW $1.00, REVENUE VIEW $703.7 MILLION -- REFINITIV IBES DATA.BENSON WILL SERVE AS AN EXECUTIVE ADVISOR THROUGH AN EXTENDED TRANSITION PERIOD.Q4 EARNINGS PER SHARE VIEW $1.00, REVENUE VIEW $703.7 MILLION -- REFINITIV IBES DATA.  Full Article

Akamai and MUFG Announce Joint Venture for Blockchain-Based Online Payment Network
Tuesday, 12 Feb 2019 

Feb 12 (Reuters) - Mitsubishi UFJ Financial Group Inc <8306.T>::AKAMAI AND MUFG ANNOUNCE JOINT VENTURE FOR BLOCKCHAIN-BASED ONLINE PAYMENT NETWORK.AKAMAI TECHNOLOGIES INC - BOTH AKAMAI AND MUFG WILL BE INVESTORS IN GO-NET.AKAMAI TECHNOLOGIES INC - GO-NET EXPECTED TO MAKE NEW PAYMENT NETWORK AVAILABLE IN JAPAN DURING FIRST HALF OF 2020..AKAMAI - GO-NET TO PROVIDE A COMPREHENSIVE SET OF SERVICES, INCLUDING SUPPORT FOR EXISTING PAYMENT PROCESSING FUNCTIONS, PAY-PER-USE, MICROPAYMENTS.  Full Article

Elliott Associates Have Combined Economic Exposure In Akamai Of About 2.6 Pct
Friday, 2 Nov 2018 

Nov 2 (Reuters) - Akamai Technologies Inc ::ELLIOTT ASSOCIATES-ELLIOTT, ELLIOTT INTERNATIONAL,EICA HAVE COMBINED ECONOMIC EXPOSURE IN AKAMAI TECHNOLOGIES OF ABOUT 2.6% OF SHARES.ELLIOTT ASSOCIATES - "PLEASED" WITH OPERATIONAL, FINANCIAL, GOVERNANCE & STRATEGIC PROGRESS ACHIEVED AT AKAMAI TECHNOLOGIES OVER THE PAST YEAR.ELLIOTT ASSOCIATES - ELLIOTT, ELLIOTT INTERNATIONAL, EICA REDUCED POSITION IN AKAMAI TECHNOLOGIES, BUT REMAIN ONE OF ITS LARGEST SHAREHOLDERS.ELLIOTT ASSOCIATES-HAD REPORTED ELLIOTT, ELLIOTT INTERNATIONAL,EICA HAVE COMBINED ECONOMIC EXPOSURE IN AKAMAI TECHNOLOGIES OF ABOUT 6.5% OF SHARES AS OF MARCH 8.  Full Article

Limelight Networks, Akamai Technologies Settle Legal Disputes
Monday, 2 Apr 2018 

April 2 (Reuters) - Limelight Networks Inc ::LIMELIGHT NETWORKS AND AKAMAI TECHNOLOGIES SETTLE ALL OUTSTANDING LEGAL DISPUTES.TERMS OF SETTLEMENT AND LICENSES ARE CONFIDENTIAL.CO, AKAMAI TECHNOLOGIES ALSO AGREED TO LICENSE CERTAIN PATENTS TO ONE ANOTHER AS PART OF SETTLEMENT.  Full Article

Akamai Reports Q4 EPS $0.11
Tuesday, 6 Feb 2018 

Feb 6 (Reuters) - Akamai Technologies Inc ::AKAMAI REPORTS FOURTH QUARTER 2017 AND FULL-YEAR 2017 FINANCIAL RESULTS.QTRLY GAAP EPS OF $0.11 AND NON-GAAP EPS OF $0.69.REVENUE FOR Q4 WAS $663 MILLION, AN 8 PCT INCREASE OVER Q4 2016 REVENUE OF $616 MILLION.MEDIA DELIVERY SOLUTIONS REVENUE FOR Q4 WAS $190 MILLION, DOWN 3 PCT YEAR-OVER-YEAR AND DOWN 4 PCT WHEN ADJUSTED FOR FOREIGN EXCHANGE.Q4 IMPACTED BY $52 MILLION RESTRUCTURING CHARGE,$16 MILLION CHARGE DUE TO RELEASE OF INDEMNIFICATION ASSET RELATED TO 2012 ACQUISITION.Q4 2017 WAS ALSO IMPACTED BY A $26 MILLION PROVISIONAL CHARGE ASSOCIATED WITH U.S. TAX REFORM.Q4 EARNINGS PER SHARE VIEW $0.63, REVENUE VIEW $649.1 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

UPDATE 1-Akamai raises forecast on cloud security, content delivery demand

July 30 Akamai Technologies Inc beat Wall Street's estimates for second-quarter results and raised full-year forecast on Tuesday, boosted by strong demand for its cloud security services and growth in its traditional business of speeding up media content delivery through the web.