Akamai Revenue Beat Not Big Enough? Stock Slips

By | July 31, 2014

Scalper1 News

Akamai Technologies stock was down 1.8% in early trading on the stock market today after the company late Wednesday posted Q2 earnings that beat consensus estimates but forecast lower sequential profit margins this quarter as it ramps up investments. Shares in the Cambridge, Mass.-based Akamai Technologies (AKAM), the biggest provider of content delivery network (CDN) services to media and entertainment companies, had been down more than 4% Scalper1 News

Scalper1 News