(VIANEWS) – Akamai Technologies Inc. (AKAM), revealed second-quarter earnings that were down from last year.
Business Insider reports that company’s net income was $156.50million, which is $0.94 per share. This is compared to $161.92million, which was $0.98 per share in the second quarter of last year.
Akamai Technologies Inc posted adjusted earnings of $232.75million, or $1.42 per share.
NASDAQ Composite opens in less than two hours and Akamai Technologies‘s pre-market value is already 5.89% down.
The last session, NASDAQ Composite finished with Akamai Technologies (AKAM) jumping 0.77% to $119.82. NASDAQ Composite rose 0.55% to $14,761.30, after two successive sessions in a row of gains, on what was a somewhat up trend exchanging session.
Today’s last reported volume for Akamai Technologies is 1120213, 4.06% below its average volume of 1167563.
Akamai Technologies’s last close was $119.82, 4.07% below its 52-week high of $124.91.
Akamai Technologies’s Revenue
Year-on-year quarterly revenue growth grew by 10.3%, now sitting on 3.28B for the twelve trailing months.
Akamai Technologies’s last day, last week, and last month’s current volatility was 0.77%, 0.58%, and 0.61%, respectively.
Akamai Technologies’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.45% (day), 1.67% (last week), and 1.70% (last month), respectively.
Previous days news about Akamai Technologies
Akamai technologies inc Q2 adjusted earnings beat estimates. According to Business Insider on Tuesday, 3 August, “Excluding items, Akamai Technologies Inc reported adjusted earnings of $232.75 million or $1.42 per share for the period.”
More news about Akamai Technologies (AKAM).