Investing.com - Akamai (NASDAQ: AKAM) reported third quarter EPS of $1.63, $0.13 better than the analyst estimate of $1.50. Revenue for the quarter came in at $965M versus the consensus estimate of $943.87M.
Guidance
Akamai sees Q4 2023 EPS of $1.57-$1.62 versus the analyst consensus of $1.54.
Akamai sees Q4 2023 revenue of $990.00M-$1.01B versus the analyst consensus of $990.00M.
Akamai sees FY 2023 EPS of $6.08-$6.13 versus the analyst consensus of $5.92.
Akamai sees FY 2023 revenue of $3.80B-$3.82B versus the analyst consensus of $3.78B.
Akamai's stock price closed at $108.86. It is up 4.33% in the last 3 months and up 29.77% in the last 12 months.
Akamai saw 16 positive EPS revisions and 0 negative EPS revisions in the last 90 days. See Akamai's stock price’s past reactions to earnings here.
According to InvestingPro, Akamai's Financial Health score is "good performance".
Check out Akamai's recent earnings performance, and Akamai's financials here.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar