Akamai reported a solid third quarter with revenue of $882 million, a 3% increase year-over-year. Security and compute revenue drove growth, representing 55% of total revenue with a 23% year-over-year increase.
Revenue reached $882 million, up 3% year-over-year (7% when adjusted for foreign exchange).
Security and compute revenue grew by 23% year-over-year (28% when adjusted for foreign exchange), comprising 55% of total revenue.
GAAP EPS was $0.68, a 37% decrease year-over-year (29% when adjusted for foreign exchange).
Non-GAAP EPS was $1.26, a 13% decrease year-over-year (7% when adjusted for foreign exchange).
Akamai anticipates that subsequent events and developments may cause these expectations and beliefs to change. However, while Akamai may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so.
Visualization of income flow from segment revenue to net income