Akamai Q3 earnings beat estimates on security and cloud growth
FROM THE WIRE · FINANCE.YAHOO.COM
Akamai Technologies, Inc. AKAM reported third-quarter 2026 results, with adjusted earnings and revenues surpassing the Zacks Consensus Estimate. Non-GAAP earnings were $1.77 per share, which declined 5% year over year but beat the consensus estimate of $1.67 by 5.99%. Revenues…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralRevenue and adjusted earnings beat expectations, but GAAP profit fell on higher costs.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Akamai reported non-GAAP EPS of $1.77, above the $1.67 consensus.
- 02Revenue rose 6% to $1.12 billion.
- 03GAAP net income fell to $117.1 million from $140.2 million a year earlier.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets