earnings
confidence high
sentiment negative
materiality 0.70
Akamai Q3 revenue $882M (+3%); GAAP EPS $0.68, down 37% YoY; non-GAAP EPS $1.26, down 13%
AKAMAI TECHNOLOGIES INC
2022-Q3 EPS reported
$2.15
revenue$2,688,875,000
- Revenue $882M, up 3% YoY; security + compute grew 23% to 55% of total revenue.
- GAAP EPS $0.68, down 37% YoY; non-GAAP EPS $1.26, down 13% YoY.
- Delivery revenue $393M, down 15% YoY; compute revenue $109M, up 72%.
- GAAP operating margin 18%, down 6pp; non-GAAP operating margin 28%, down 4pp.
- Repurchased 1.8M shares for $163M at avg $90.93 per share.