Akamai in line in Q3, but shares fall on weak guidance
FROM THE WIRE · FINANCE.YAHOO.COM
Akamai (NASDAQ:AKAM) reports Q3 2026 in line with expectations but stock drops on weak guidance Cloud technology company Akamai Technologies (NASDAQ:AKAM) met Wall Street's revenue expectations in Q3 2026, with revenue up 6.4% year on year to $1.12 billion. On the other hand…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishRevenue guidance below consensus typically weighs on the stock, even with in-line results.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Revenue rose 6.4% year on year to 1.12 billion dollars in Q3.
- 02Next-quarter revenue guidance of 1.16 billion is about 3.5% below consensus.
- 03Adjusted EBITDA was 435.3 million dollars.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Akamai Technologies, Inc.77.84 USDMarket closedtoday -9.41%Negative Akamai Technologies Inc71.78 EURMarket closedtoday -4.47%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets