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Dec 31, 2022
Akamai Q4 2022 Earnings Report
Akamai's Q4 2022 earnings were reported, showcasing revenue growth and strong performance in security and compute solutions.
Key Takeaways
Akamai reported Q4 2022 revenue of $928 million, a 2% increase year-over-year, with security and compute revenue representing 55% of the total. GAAP EPS was $0.82, and non-GAAP EPS was $1.37. The company is optimistic about its leadership position in delivery, security, and cloud computing solutions for 2023.
Q4 revenue reached $928 million, up 2% year-over-year and 6% when adjusted for foreign exchange.
Security and compute revenue grew by 18% year-over-year, representing 55% of total Q4 revenue.
GAAP EPS was $0.82, a 15% decrease year-over-year, while non-GAAP EPS was $1.37, an 8% decrease year-over-year.
The company repurchased 2.1 million shares of its common stock for $178 million during the quarter.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Akamai is optimistic about its leadership position as the most widely distributed cloud platform with leading solutions for delivery, security and cloud computing.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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