Akamai Technologies, Inc./ US00971T1016 /
|7/31/2015 10:00:00 PM||Chg. +1.7500||Volume||Bid11:59:27 PM||Ask11:59:27 PM||Market Capitalization||Dividend Y.||P/E Ratio|
Turnover: 229.41 mill.
|75.3900Bid Size: 100||76.7500Ask Size: 1,000||13.72 bill.USD||0.00%||41.02|
The company generated revenues of $541 million in Q2 2015, about 14% higher than the prior year quarter and in line with the company's guidance. However, unfavorable currency movements also had a detrimental effect on the company's revenues for the quarter. Ignoring the effect of currency headwinds, the company's overall revenues actually registered an 18% uptick for the quarter. Akamai's growth is driven by secular trends of increasing Internet content and traffic, as people increasingly take to the web for shopping, streaming videos, accessing social media, playing games ...
Gainers: CYT +27% . NHTC +20% . SZYM +19% . BWLD +11% . SONS +7% . HXL +7% . DGLY +7% . PNRA +6% . VIV +6% . HUN +6% . MNGA +5% . Losers: YELP 24% . DATA 16% . VDSI 14% . TWTR 12% . AKAM 8% .
Akamai Technologies, Inc. (AKAM) Q2 2015 Earnings Call July 28, 2015 4:30 pm ET Executives Tom Barth Head Investor Relations Frank Thomson Leighton Chief Executive Officer & Director James Benson Chief Financial Officer & Executive Vice President Analysts Gray W. Powell Wells Fargo Securities LLC Sterling Auty JPMorgan Securities LLC Steven M. Milunovich UBS Securities LLC William V. Power Robert W. Baird & Co., Inc. (Broker) Michael J. Olson Piper Jaffray & Co (Broker) Timothy K. Horan Oppenheimer & Co., ...
Top gainers, as of 5.25 p.m.: RUBI +15.9% . CALX +10.0% . PNRA +10.0% . TCRD +6.4% . RSYS +4.2% . Top losers, as of 5.25p.m.: YELP 16.0% . AKAM 9.9% . ATML 8.3% . ETE 4.1% . BBOX 3.5% .
While its Q2 revenue was in line and EPS missed by just a penny, Akamai (NASDAQ:AKAM) has guided on its earnings call for Q3 revenue of $543M $555M and EPS of $0.56 $0.58, below a consensus of $565.1M and $0.62. Forex had a 4% impact on Q2 sales growth. U.S. revenue +16% Y/Y to $399M; international +7% to $142M (+22% exc. forex). Media Delivery revenue +12% to $244M; performance/security solutions (higher margin) +15% to $256M; service/support +14% to $41M. $63M was spent on buybacks. Shares have tumbled to $66.00 in AH trading. Q2 results, PR