Limelight Networks, Inc.
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Should We Pay Attention To A Recent CEO Buy At Akamai?
By Anh HOANG - March 19, 2013 | Tickers: AKAM, LVLT, LLNW
Recently, Dr. Tom Leighton, the CEO of Akamai Technologies (NASDAQ: AKAM), bought 30,000 shares of the company for around $34.75 per share, with a total transaction value of more than $1 million. At the beginning of February, he spent nearly $1.76 million to purchase 50,000 shares of the company. In the past twelve months, Akamai’s stock price has experienced a decline of more than 7 more »
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Time To Buy Akamai?
By Marshall Hargrave - February 21, 2013 | Tickers: AKAM, INXN, LVLT, LLNW, RAX
The content delivery company Akamai Technologies (NASDAQ: AKAM) was down over 13% after its fourth quarter earnings announcement. Could this be a good time for investors to jump into the stock? I believe the company is at least worth considering.
Although the stock was down, revenue was up 16% for the quarter on a year-over-year basis, and EPS beat consensus estimates. Akamai posted EPS of $0.54, compared to expectations more »
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This Cloud Infrastructure Stock Misses Revenue Expectations
By Muhammad Bazil - February 12, 2013 | Tickers: AKAM, LVLT, LLNW
Akamai Technologies, Inc. (NASDAQ: AKAM) recently witnessed a steep decline in its share price after the company announced the financial information for the fourth quarter of 2012. Despite showing growth in both revenue and net profit, the company’s share took a hit as the amount of revenue did not coincide with the analysts’ expectations. For the fourth quarter, Akamai reported a net income of $68.3 million which was more »
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Akamai Stepping Up from CDN to the Cloud
By Peter Pham - October 1, 2012 | Tickers: AKAM, AMZN, T, LLNW
Akamai Technologies’ (NASDAQ: AKAM), acquisition of FastSoft Inc, a company that develops web acceleration software will enhance its already strong cloud infrastructure improving throughput for videos. FastSoft’s team will become a part of Akamai’s engineering group and will be based in Pasadena, California. Earlier this year, the company also acquired Blaze Software Inc, a site acceleration service provider and Cotendo Inc, another mobile and web acceleration service provider more »
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Akamai Technologies Riding the Cloud
By Declan Fallon - August 30, 2012 | Tickers: AKAM, LVLT, LLNW
Akamai Technologies (NASDAQ: AKAM) was first mentioned here back in April. The earnings outlook from April was lowered to $0.36-$0.38 for Q2 based on higher costs to absorb Contendo and Blaze acquisitions. In reality, the company reported Q2 figures of $0.43, well ahead of the company's upper expectations of $0.38 and analyst expectations of $0.37. For the next quarter the company projects an more »