Akamai Q1: Traffic Growth Vs. Currency Concerns

By | April 27, 2015

Scalper1 News

Akamai Technologies (AKAM) stock has shot up 20% in 2015 ahead of Q1 earnings, at nearly 15-year highs, but analyst consensus estimates are trending lower than Q4 because of currency headwinds. Cambridge, Mass.-based Akamai is the biggest provider of content delivery network services to media and entertainment companies. While its Q4 earnings were boosted by holiday e-commerce, Q1 results typically are seasonally weaker because of slower data Scalper1 News

Scalper1 News