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Akamai Technologies Q2 Non-GAAP EPS, Revenue Increase
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Akamai Technologies Q2 Non-GAAP EPS, Revenue Increase
Aug 8, 2024 2:01 PM

04:33 PM EDT, 08/08/2024 (MT Newswires) -- Akamai Technologies ( AKAM ) reported Q2 non-GAAP earnings Thursday of $1.58 per diluted share, up from $1.49 a year earlier.

Analysts polled by Capital IQ expected $1.53.

Revenue for the quarter ended June 30 was $979.6 million, up from $935.7 million a year earlier.

Analysts surveyed by Capital IQ expected $977.6 million.

The company said it expects Q3 non-GAAP diluted EPS between $1.56 and $1.62 on revenue between $988 million and $1.01 billion.

Analysts polled by Capital IQ expect $1.54 and $997.7 million.

The company expects 2024 non-GAAP diluted EPS between $6.34 and $6.47 on revenue between $3.97 billion and $4.01 billion.

The previous guidance was $6.20 to $6.40 on revenue between $3.95 billion and $4.02 billion.

Analysts surveyed by Capital IQ expect $6.31 and $3.99 billion.

Price: 94.41, Change: +2.84, Percent Change: +3.10

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