Akamai Technologies Inc.
Akamai Reports First Quarter 2025 Financial Results
Summary
Akamai Technologies, Inc. reported first quarter 2025 financial results on May 8, 2025. The company recorded total revenue of $1.015 billion, representing a 3% increase year-over-year and a 4% increase when adjusted for foreign exchange. Security and cloud computing revenue grew by 10% and 14% year-over-year, respectively. GAAP net income per diluted share was $0.82, down 26% year-over-year, while non-GAAP net income per diluted share was $1.70, up 4% year-over-year. Akamai provided financial guidance for the second quarter and full year 2025, including revenue and non-GAAP net income per diluted share ranges. The company also announced $500 million in share repurchases during the first quarter.
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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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