Akamai Q2 revenue up 5% to $1.1B as cloud infrastructure grows 39%
Akamai's second-quarter revenue rose 5% to about $1.1B. Security revenue grew 10% to $604M and cloud infrastructure services revenue rose 39% to $99M.
Akamai's second-quarter revenue rose 5% to about $1.1B. Security revenue grew 10% to $604M and cloud infrastructure services revenue rose 39% to $99M. (SEC (Akamai 8-K, Ex. 99.1); GlobeNewswire (via Cyber Magazine))
GAAP net income was $79M, or $0.52 per diluted share; non-GAAP EPS was $1.59. Full-year revenue guidance is $4,445M–$4,530M, and Q3 guidance is $1,105M–$1,130M. (SEC (Akamai 8-K, Ex. 99.1); GlobeNewswire (via Cyber Magazine))