Tag Archives: akam

Akamai, SolarWinds Stocks Fall, EPS Guidance Light

Shares of Akamai Technologies (AKAM) and SolarWinds fell Wednesday after both companies late Tuesday gave disappointing earnings and revenue guidance. Akamai reported in-line Q1 earnings, but its EPS and revenue guidance for the current quarter missed Wall Street expectations. SolarWinds (SWI), like Akamai part of IBD’s Internet-Network Solutions group, reported Q1 EPS a penny above expectations, but its Q2 EPS guidance of 46 cents per share was a

Akamai Q1: Traffic Growth Vs. Currency Concerns

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

Akamai Faces Q1 Headwinds: Cloud, Security Upside

Akamai Technologies (AKAM) faces near-term currency headwinds, but its move into security products will provide long-term upside, says Deutsche Bank, which initiated coverage with a neutral rating. Akamai reports Q1 earnings on April 28. The Cambridge, Mass.-based firm is the biggest provider of content delivery network (CDN) services to media and entertainment companies. It garners 27% of revenue outside America. Many U.S. tech firms with strong