secwatch.observer — SEC 8-K summary
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Issuer:     AKAMAI TECHNOLOGIES INC (AKAM)
CIK:        0001086222
Form:       8-K
Filed at:   2023-02-14T23:59:59+00:00
Accession:  0001086222-23-000041
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Akamai Q4 revenue $928M (+2%); GAAP EPS $0.82 (-15% YoY); delivery revenue down 12%
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- Q4 revenue $928M, +2% YoY (+6% FX-adj); GAAP EPS $0.82 (-15% YoY); non-GAAP EPS $1.37 (-8% YoY).
- FY 2022 revenue $3.617B (+4%); GAAP EPS $3.26 (-17%); non-GAAP EPS $5.37 (-6%).
- Security revenue $400M (+10%) and compute $112M (+61%) grew; delivery $415M (-12%) declined.
- Q4 cash from ops $341M (37% rev); repurchased 2.1M shares for $178M at avg $86.50.
- FY cash from ops $1.275B (35% rev); repurchased 6.4M shares for $608M at avg $94.96.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1086222/000108622223000041/0001086222-23-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1086222/000108622223000041/akam-20230214.htm
  HTML page:      https://secwatch.observer/filing/0001086222-23-000041

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer