Cambridge-based technology firm Akamai is laying off 2.5 percent of its worldwide workforce as it continues to sharpen its focus on cloud computing and data security. During the company’s third ...
On the bright side, the Board authorized a new three-year, $2.0 billion share repurchase program. Overall, the results could have been better. Akamai is down 23.3% since the beginning of the year ...
Matt Dezort, an analyst from Needham, has initiated a new Hold rating on Akamai (AKAM). Matt Dezort has given his Hold rating due to a combination of factors stemming from Akamai’s mixed third ...
In addition to providing financial measurements based on generally accepted accounting principles in the United States of America (GAAP), Akamai provides additional financial metrics that are not ...
Investors bailed on the cloud content delivery network and security firms Cloudflare Inc. and Akamai Technologies Inc. today after both companies provided tepid guidance in the wake of their third ...
Akamai has done a fantastic job transitioning its business away from the legacy content delivery network upon which it was originally built. The CDN business lacks competitive advantages, in our ...
Web content delivery and security company Akamai (NASDAQ:AKAM) will be reporting earnings tomorrow after the bell. Here’s what to expect. Akamai met analysts’ revenue expectations last quarter ...