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Akamai Technologies Inc (AKAM.OQ)

AKAM.OQ on NASDAQ Stock Exchange Global Select Market

71.39USD
16 Aug 2018
Change (% chg)

$-0.30 (-0.42%)
Prev Close
$71.69
Open
$72.38
Day's High
$72.50
Day's Low
$71.11
Volume
746,820
Avg. Vol
749,314
52-wk High
$83.07
52-wk Low
$44.65

Latest Key Developments (Source: Significant Developments)

Akamai Reports Qtrly Non-GAAP EPS Of $0.83
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Akamai Technologies Inc ::QTRLY GAAP EPS OF $0.25.AKAMAI REPORTS SECOND QUARTER 2018 FINANCIAL RESULTS.QTRLY NON-GAAP EPS OF $0.83.Q2 REVENUE ROSE 9 PERCENT TO $663 MILLION.AKAMAI TECHNOLOGIES - QTRLY WEB DIVISION REVENUE WAS $351 MILLION, UP 11% YEAR-OVER-YEAR.AKAMAI TECHNOLOGIES - QTRLY MEDIA AND CARRIER DIVISION REVENUE WAS $312 MILLION, UP 8% YEAR-OVER-YEAR.AKAMAI TECHNOLOGIES - QTRLY CLOUD SECURITY SOLUTIONS REVENUE WAS $155 MILLION, UP 33% YEAR-OVER-YEAR.Q2 EARNINGS PER SHARE VIEW $0.80, REVENUE VIEW $662.0 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Akamai Says Expects Q2 2018 Non-Gaap Earnings Per Share $0.79 To $0.81
Tuesday, 26 Jun 2018 

June 26 (Reuters) - Akamai Technologies Inc ::AKAMAI UPDATES SECOND QUARTER AND FISCAL YEAR 2018 FINANCIAL GUIDANCE IN CONJUNCTION WITH ITS ANALYST DAY.SEES Q2 2018 NON-GAAP EARNINGS PER SHARE $0.79 TO $0.81.SEES Q2 2018 REVENUE $658 MILLION TO $663 MILLION.AKAMAI TECHNOLOGIES - IN CONSTANT CURRENCY, 2018 REVENUE ANTICIPATED TO BE AT HIGH END OR ABOVE PREVIOUS GUIDANCE RANGES OF $2,690 MILLION TO $2,720 MILLION.AKAMAI TECHNOLOGIES - IN CONSTANT CURRENCY, 2018 NON-GAAP EPS ANTICIPATED TO BE AT HIGH END OR ABOVE PREVIOUS GUIDANCE RANGE OF $3.15 TO $3.25.NOW ANTICIPATES ITS FULL YEAR 2018 REVENUE RANGE TO BE $2,675 MILLION TO $2,705 MILLION.NOW ANTICIPATES ITS FULL YEAR 2018 NON-GAAP NET INCOME PER DILUTED SHARE* TO BE BETWEEN $3.20 AND $3.30.FY2018 EARNINGS PER SHARE VIEW $3.27, REVENUE VIEW $2.72 BILLION -- THOMSON REUTERS I/B/E/S.Q2 EARNINGS PER SHARE VIEW $0.80, REVENUE VIEW $665.9 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Akamai And MUFG Announce Blockchain-Based Payment Network
Monday, 21 May 2018 

May 21 (Reuters) - Mitsubishi UFJ Financial Group Inc <8306.T>::AKAMAI AND MUFG ANNOUNCE BLOCKCHAIN-BASED PAYMENT NETWORK.AKAMAI TECHNOLOGIES INC - NEW BLOCKCHAIN-BASED ONLINE PAYMENT NETWORK IS EXPECTED TO BE AVAILABLE IN JAPAN DURING FIRST HALF OF 2020.  Full Article

Akamai Announces Pricing Of Offering Of Convertible Senior Notes
Thursday, 17 May 2018 

May 16 (Reuters) - Akamai Technologies Inc ::AKAMAI ANNOUNCES PRICING OF OFFERING OF CONVERTIBLE SENIOR NOTES.PRICED ITS PRIVATE OFFERING OF $1 BILLION IN AGGREGATE PRINCIPAL AMOUNT OF ITS CONVERTIBLE SENIOR NOTES DUE 2025.CONVERSION RATE WILL INITIALLY BE 10.5150 SHARES OF AKAMAI'S COMMON STOCK PER $1,000 PRINCIPAL AMOUNT OF NOTES.  Full Article

Akamai Technologies Says On May 10, Entered Into $500 Mln Credit Agreement
Tuesday, 15 May 2018 

May 15 (Reuters) - Akamai Technologies Inc ::AKAMAI TECHNOLOGIES SAYS ON MAY 10, CO ENTERED INTO $500 MILLION FIVE-YEAR, REVOLVING CREDIT AGREEMENT - SEC FILING.AKAMAI TECHNOLOGIES - CREDIT AGREEMENT PROVIDES THAT UNDER SPECIFIED CIRCUMSTANCES, FACILITY CAN BE RAISED TO UP TO $1 BILLION.  Full Article

Akamai Technologies Announces Proposed Offering Of Convertible Senior Notes
Tuesday, 15 May 2018 

May 15 (Reuters) - Akamai Technologies Inc ::AKAMAI ANNOUNCES PROPOSED OFFERING OF CONVERTIBLE SENIOR NOTES.AKAMAI TECHNOLOGIES INC - PROPOSES TO OFFER $1 BILLION IN AGGREGATE PRINCIPAL AMOUNT OF CONVERTIBLE SENIOR NOTES DUE 2025.AKAMAI TECHNOLOGIES INC - WILL GRANT INITIAL PURCHASERS OPTION TO PURCHASE UP TO AN ADDITIONAL $150 MILLION IN PRINCIPAL AMOUNT OF NOTES ON SAME TERMS.AKAMAI TECHNOLOGIES INC - INTENDS TO USE A PORTION OF PROCEEDS TO PAY COST OF CERTAIN CONVERTIBLE NOTE HEDGE TRANSACTIONS.AKAMAI TECHNOLOGIES INC - INTENDS TO USE ABOUT $50 MILLION OF PROCEEDS TO REPURCHASE SHARES OF ITS COMMON STOCK FROM PURCHASERS OF NOTES IN OFFERING.AKAMAI - ALSO INTENDS TO USE A PORTION OF PROCEEDS TO REPAY AT MATURITY ALL OF ITS $690 MILLION OUTSTANDING OF 0.0% CONVERTIBLE SENIOR NOTES DUE 2019.  Full Article

Akamai Technologies Qtrly Shr $0.31, Qtrly Adj Shr $0.79
Monday, 30 Apr 2018 

May 1 (Reuters) - Akamai Technologies Inc ::QTRLY GAAP EARNINGS PER SHARE $0.31; QTRLY NON-GAAP EARNINGS PER SHARE $0.79; ‍​QTRLY REVENUE $669 MILLION, UP 11 PERCENT.QTRLY WEB DIVISION REVENUE $353 MILLION, UP 16 PERCENT; QTRLY MEDIA AND CARRIER DIVISION REVENUE $316 MILLION, UP 6 PERCENT.AKAMAI - Q1 GAAP INCOME ALSO IMPACTED BY $23 MILLION FOR LEGAL SETTLEMENTS, NON-RECURRING PROFESSIONAL ADVISORY FEES FOR NON-ROUTINE STOCKHOLDER MATTER.Q1 EARNINGS PER SHARE VIEW $0.70, REVENUE VIEW $654.0 MILLION -- THOMSON REUTERS I/B/E/S.Q1 GAAP INCOME IMPACTED BY A $15 MILLION RESTRUCTURING CHARGE.  Full Article

Akamai Elects LogMein President And CEO Bill Wagner To Board Of Directors
Thursday, 5 Apr 2018 

April 5 (Reuters) - Akamai Technologies Inc ::AKAMAI ELECTS LOGMEIN PRESIDENT AND CEO BILL WAGNER TO BOARD OF DIRECTORS.AKAMAI TECHNOLOGIES INC - ‍APPOINTMENT OF WILLIAM "BILL" WAGNER TO AKAMAI BOARD EFFECTIVE APRIL 3.  Full Article

Akamai Technologies Said To Be Working With Morgan Stanley On Strategic Review‍​ - CNBC, Citing A Report
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - :AKAMAI TECHNOLOGIES INC <<>> IS SAID TO BE WORKING WITH MORGAN STANLEY ON A STRATEGIC REVIEW‍​ - CNBC, CITING A REPORT.  Full Article

Akamai Recommends Shareholders Reject "Mini-Tender" Offer By TRC Capital Corporation
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Akamai Technologies Inc ::AKAMAI RECOMMENDS SHAREHOLDERS REJECT "MINI-TENDER" OFFER BY TRC CAPITAL CORPORATION.AKAMAI TECHNOLOGIES INC - CO DOES NOT ENDORSE TRC CAPITAL'S UNSOLICITED MINI-TENDER OFFER.AKAMAI SAYS GOT NOTICE OF UNSOLICITED "MINI-TENDER" OFFER BY TRC CAPITAL TO BUY UP TO 2 MILLION SHARES OF CO AT $54.00 PER SHARE IN CASH.AKAMAI TECHNOLOGIES INC - TRC'S OFFER IS FOR ABOUT 1.18 PERCENT OF AKAMAI'S SHARES.  Full Article

US STOCKS-Wall Street gains on Apple boost, easing trade worries

* Dow flat, S&P up 0.10 pct, Nasdaq 0.47 pct (Changes comment, adds details, updates prices)