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Sep 30, 2021
Akamai Q3 2021 Earnings Report
Akamai's Q3 2021 financial results were reported, demonstrating revenue growth and strong performance in the security business.
Key Takeaways
Akamai reported a revenue of $860 million, a 9% increase year-over-year. The Security Technology Group's revenue grew by 26%, while the Edge Technology Group remained flat. GAAP EPS was $1.08, and non-GAAP EPS was $1.45.
Third quarter revenue reached $860 million, a 9% increase year-over-year.
Security Technology Group revenue grew by 26% year-over-year, reaching $335 million.
GAAP EPS increased by 14% year-over-year to $1.08, while non-GAAP EPS increased by 11% to $1.45.
The Board of Directors authorized a new $1.8 billion share repurchase program.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
No forward guidance was provided in the release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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