Akamai Technologies (NASDAQ:AKAM) reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Akamai Technologies missed estimated earnings by 2.11%, reporting an EPS of $1.39 versus an estimate of $1.42.
Revenue was up $60.94 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 5.56% drop in the share price the next day.
Here's a look at Akamai Technologies's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.42 | 1.39 | 1.38 | 1.30 |
| EPS Actual | 1.49 | 1.45 | 1.42 | 1.38 |
| Revenue Estimate | 899.26M | 851.50M | 845.36M | 829.61M |
| Revenue Actual | 905.36M | 860.33M | 852.82M | 842.71M |
To track all earnings releases for Akamai Technologies visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
