earnings
confidence high
sentiment neutral
materiality 0.75
Akamai Q2 revenue up 5% to $1.1B; EPS down 27%; CIS revenue surges 39% YoY
AKAMAI TECHNOLOGIES INC
- Revenue $1.100B (+5% YoY); Security $604M (+10%); CIS $99M (+39%); Delivery $396M (-6%).
- GAAP EPS $0.52 (-27% YoY); Non-GAAP EPS $1.59 (-8% YoY); GAAP operating margin 7% (down 8pp).
- Signed multi-year CIS contracts worth >$2.8B YTD, including $600M+ from new U.S. tech customer for robotics.
- Q3 guidance: revenue $1.105B-$1.130B; non-GAAP EPS $1.60-$1.80. Full-year: revenue $4.445B-$4.530B; non-GAAP EPS $6.40-$7.05.
- Repurchased $410M in shares (3M shares at ~$134.54) in Q2.