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Akamai raises annual results forecast on cybersecurity demand
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Akamai raises annual results forecast on cybersecurity demand
Aug 7, 2025 1:37 PM

Aug 7 (Reuters) - Akamai Technologies ( AKAM ) raised

its annual revenue and profit forecast on Thursday, helped by

steady demand for its cloud infrastructure services and content

delivery network offerings.

The company is seeing strong momentum in its security and

compute verticals, as enterprises ramp up investments in

securing applications and web infrastructure amid the

accelerating adoption of cloud technologies.

Akamai ( AKAM ) is also well-positioned to benefit from the surge in

mobile data traffic, fueled by the growing use of mobile apps

and services.

It provides content delivery network services to optimize

web performance and reduce bandwidth congestion. It also offers

cloud infrastructure solutions that improve the security and

reliability of apps and web assets from data centers to end

users.

Akamai's ( AKAM ) customers include Adobe, eBay ( EBAY ) and

Electronic Arts ( EA ), as well as the U.S. Defense and Labor

departments.

The cybersecurity company now expects annual revenue between

$4.14 billion and $4.21 billion, ahead of its prior projection

of $4.05 billion to $4.20 billion.

On an adjusted basis, Akamai ( AKAM ) sees per-share earnings in the

range of $6.60 to $6.80, from its earlier forecast of between

$6.10 and $6.40 apiece.

It expects revenue between $1.04 billion and $1.05 billion

for the third quarter, compared with the analysts' average

estimate of $1.04 billion, according to data compiled by LSEG.

Akamai ( AKAM ) posted revenue of $1.04 billion for the quarter ended

June 30, compared to analysts' consensus estimate of $1.02

billion.

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