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Dec 31, 2021

Akamai Q4 2021 Earnings Report

Akamai's Q4 2021 earnings were reported, revealing a 7% year-over-year revenue increase and strategic acquisitions.

Key Takeaways

Akamai reported a 7% increase in revenue for Q4 2021, reaching $905 million. The company's GAAP EPS increased by 43% to $0.97, and non-GAAP EPS increased by 12% to $1.49. Akamai also announced its intent to acquire Linode, expanding its cloud computing capabilities.

Akamai's Q4 revenue reached $905 million, a 7% increase year-over-year.

Security Technology Group revenue increased by 23% year-over-year, reaching $365 million.

GAAP EPS for Q4 was $0.97, a 43% increase year-over-year.

Akamai announced its intent to acquire Linode to strengthen its position in cloud computing.

Total Revenue
$905M
Previous year: $846M
+7.0%
EPS
$1.49
Previous year: $1.33
+12.0%
Gross Profit
$580M
Previous year: $542M
+6.9%
Cash and Equivalents
$537M
Previous year: $353M
+52.1%
Free Cash Flow
$323M
Previous year: $173M
+87.2%
Total Assets
$8.14B
Previous year: $7.76B
+4.8%

Akamai

Akamai

Akamai Revenue by Segment

Akamai Revenue by Geographic Location

Forward Guidance

I am sorry, but I lack the ability to provide forward guidance information as it was not included within the provided document.