Akamai Earnings On Tap After The Close - News Summed Up

Akamai Earnings On Tap After The Close


Akamai, the content delivery network (CDN) services big boy, is set to announce its earnings after the close of regular market trading Tuesday. The Street currently expects Akamai to earn $0.68 per share on revenues of $604 million for the quarter that ended Dec. 31, 2016. For the current quarter, current consensus is for earnings of $0.67 per share on revenues of $603 million. For FY:17, the sellsiders are estimating $2.85 per share in earnings on revenues of $2.54 billion. Akamai shares are currently priced for a move of $6.10 per share, in either direction, post the earnings report tonight.


Source: Forbes February 07, 2017 18:38 UTC



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