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Jun 30, 2020
Akamai Q2 2020 Earnings Report
Reported strong top and bottom line results, powered by the growth of Security and Media solutions and operational excellence.
Key Takeaways
Akamai reported Q2 2020 financial results with revenue of $795 million, up 13% year-over-year. GAAP EPS was $0.98, up 42% year-over-year, and non-GAAP EPS was $1.38, up 29% year-over-year. The company's performance was driven by strong growth in Security and Media solutions.
Second quarter revenue of $795 million, up 13% year-over-year and up 14% when adjusted for foreign exchange.
Cloud Security Solutions revenue grew 27% year-over-year and 28% when adjusted for foreign exchange.
GAAP EPS of $0.98, up 42% year-over-year, and non-GAAP EPS of $1.38, up 29% year-over-year.
Akamai spent $27 million in the second quarter of 2020 to repurchase 0.3 million shares of its common stock at an average price of $100.64 per share.
Akamai
Akamai
Akamai Revenue by Segment
Akamai Revenue by Geographic Location
Revenue by Segment
Security Revenue
CapyFin.comDelivery Revenue
CapyFin.comRevenue by Geographic Location
U.S. Revenue
CapyFin.comInternational Revenue
CapyFin.com Forward Guidance
This report does not contain forward guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income