Akamai Q2 revenue $936M (+4% YoY); non-GAAP EPS $1.49 (+10%); raises full-year guidance

AKAMAI TECHNOLOGIES INC

2023-Q2 EPS reported $1.46 revenue$1,851,419,000

Revenue $936M, +4% YoY; security + compute represented 59% of total revenue, growing 14% and 16% YoY respectively.
GAAP diluted EPS $0.84 (-1% YoY); non-GAAP diluted EPS $1.49 (+10% YoY).
Security revenue $433M (+14% YoY); Delivery $380M (-9% YoY); Compute $123M (+16% YoY).
Full-year 2023 guidance raised: revenue $3.765B-$3.795B, non-GAAP EPS $5.87-$5.95.
Repurchased 1.6M shares for $137M at avg $83.97/share in Q2.

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