secwatch.observer — SEC 8-K summary
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Issuer:     AKAMAI TECHNOLOGIES INC (AKAM)
CIK:        0001086222
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001086222-23-000246
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1086222/000108622223000246/0001086222-23-000246-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1086222/000108622223000246/akam-20230808.htm
  HTML page:      https://secwatch.observer/filing/0001086222-23-000246

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