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Sep 30, 2020
Akamai Q3 2020 Earnings Report
Akamai's Q3 2020 financial results were reported, showing revenue growth and strong performance in security products.
Key Takeaways
Akamai reported excellent third-quarter results, driven by strong performance in security products and sustained high traffic levels on the Akamai Edge platform. Revenue increased by 12% year-over-year, with Cloud Security Solutions revenue growing by 23%. GAAP EPS was $0.95, up 13% year-over-year, and non-GAAP EPS was $1.31, up 19% year-over-year.
Third quarter revenue reached $793 million, a 12% increase year-over-year.
Cloud Security Solutions revenue grew by 23% year-over-year.
GAAP EPS increased by 13% year-over-year, reaching $0.95.
Non-GAAP EPS increased by 19% year-over-year, reaching $1.31.
Akamai
Akamai
Akamai Revenue by Segment
Akamai Revenue by Geographic Location
Revenue by Segment
Security Revenue
CapyFin.comRevenue by Geographic Location
U.S. Revenue
CapyFin.comInternational Revenue
CapyFin.com Forward Guidance
No forward guidance was provided in the earnings report.