Akamai Q2 EPS, Revenue Beat Views, But Stock Falls

By | July 30, 2014

Scalper1 News

Akamai Technologies late Wednesday reported second-quarter results slightly above views and forecast current-quarter profit and sales growth above Wall Street estimates, but its stock fell. Shares in Cambridge, Mass.-based Akamai (AKAM), the biggest provider of content delivery network (CDN) services to media and entertainment companies, were down 6% in after-hours trading. Akamai’s stock had been up more than 28% in 2014 as of Wednesday’s market Scalper1 News

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