Form 8-K · Current Report · Filed 2025-02-20
Akamai Reports Q4 2024 Financial Results
Akamai Technologies reported its financial results for Q4 and full-year 2024, revealing a revenue increase of 3% for Q4 and 5% for the full year, year-over-year, both adjusted for foreign exchange.
- Filer
- Akamai Technologies Inc. AKAM · NASDAQ
- Filed
- Accession
- 0001086222-25-000007
- CIK
- 0001086222
- Signal
- Low impactTechnology
- Source
- Official filing on sec.gov ↗
Details
The company's security and compute solutions saw growth, while delivery revenue declined. Non-GAAP net income per diluted share for the full year increased by 5%, demonstrating sustained profitability and market adoption of its product innovations.
Items reported
Results of Operations and Financial Condition
Regulation FD Disclosure
Financial Statements and Exhibits
Market reaction
Close before filing
$100.26
Next session
-23.5%
Since filing
+14.9%
Latest close
$115.18
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from AKAM reporting the same item, with the next session's move:
Exhibits (2)
About Akamai Technologies Inc.
Akamai Technologies Inc. is a leading provider of cloud services for global content delivery, application performance, and secure digital experiences. It plays a crucial role in enabling enterprises to deliver media-rich content efficiently and securely across the internet. Akamai’s robust network infrastructure is renowned for its ability to handle large-scale web traffic, ensuring swift data transfer and reduced latency for users worldwide. The company’s services are pivotal in areas such as media and entertainment, online gaming, software downloads, and e-commerce, where high-speed, uninterrupted service is essential. Additionally, Akamai offers comprehensive security solutions that protect websites and online data from cyber threats, making it a vital partner for businesses seeking to maintain data integrity and secure customer interactions. Based in Cambridge, Massachusetts, Akamai Technologies operates globally, supporting a diverse range of industries with its innovative solutions for digital transformation and cybersecurity.
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