secwatch.observer — SEC 8-K summary
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Issuer:     AKAMAI TECHNOLOGIES INC (AKAM)
CIK:        0001086222
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001086222-23-000282
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Akamai Q3 revenue $965M (+9% YoY), raises FY23 revenue & EPS guidance
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- Q3 revenue $965M (+9% YoY); security+compute revenue 61% of total, up 20% combined.
- GAAP diluted EPS $1.04 (+33% YoY); non-GAAP diluted EPS $1.63 (+29% YoY).
- Raises full-year revenue guidance to $3.802-$3.822B and non-GAAP EPS to $6.08-$6.13.
- Cash from operations $359M (37% of revenue); repurchased $113M of stock at avg $101.54.
- Delivery revenue declined 4% YoY to $379M; international revenue grew 11% (9% FX-adj).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1086222/000108622223000282/0001086222-23-000282-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1086222/000108622223000282/akam-20231107.htm
  HTML page:      https://secwatch.observer/filing/0001086222-23-000282

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