26.07.2016 22:06:05

Akamai Technologies Inc Q2 Profit Climbs 10%

(RTTNews) - Akamai Technologies Inc (AKAM) released earnings for its second quarter that advanced compared to the same period last year.

The company said its bottom line advanced to $112.07 million, or $0.64 per share. This was higher than $102.17 million, or $0.57 per share, in last year's second quarter.

Analysts had expected the company to earn $0.64 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 5.8% to $572.14 million. This was up from $540.72 million last year.

Akamai Technologies Inc earnings at a glance:

-Earnings (Q2): $112.07 Mln. vs. $102.17 Mln. last year. -Earnings Growth (Y-o-Y): 9.7% -EPS (Q2): $0.64 vs. $0.57 last year. -EPS Growth (Y-o-Y): 12.3% -Analysts Estimate: $0.64 -Revenue (Q2): $572.14 Mln vs. $540.72 Mln last year. -Revenue Change (Y-o-Y): 5.8%

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