Akamai Technologies (AKAM) Earnings: 4Q Revenue Meets Estimates with Strong Security and Cloud Computing Results

Akamai Technologies on Smartkarma

Baptista Research, a leading provider on Smartkarma, has recently published insightful research on Akamai Technologies, a company that specializes in content delivery and cloud services. According to their analysis, Akamai exceeded analyst expectations in terms of revenue and earnings, with a significant 9% year-over-year growth in revenue to $965 million. The company also achieved an impressive non-GAAP operating margin of 31%, and a 29% increase in non-GAAP earnings per share. Their security segment experienced a notable 20% year-over-year growth in Q3, highlighting their success in the industry.

In another report by Baptista Research, they delve into the true reasons behind Akamai’s recent acquisition from StackPath. This move by Akamai showcases their different approach to cloud computing, with a fully distributed system that has more points of presence than traditional systems. This unique strategy has been a major driver of their success, as seen in their positive results and all-around beat last quarter. Baptista Research has also conducted a thorough analysis of the company’s historical financial statements in this report, providing valuable insights for investors on Smartkarma.

A look at Akamai Technologies Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Akamai Technologies, Inc. is a company that helps make the internet faster and more reliable. They provide services that help deliver content and applications over the internet, such as streaming videos and tools for businesses to reach their customers. Smartkarma Smart Scores give Akamai Technologies an overall outlook of 3 out of 5. This means that the company has a good outlook for growth and momentum, but may not be as strong in terms of value, dividend, and resilience.

Looking at the scores in detail, Akamai Technologies received a score of 2 for value, indicating that the company may not be undervalued compared to its peers. However, it received a score of 3 for growth, indicating that it has potential for future growth. The company also received a score of 5 for momentum, indicating that it is performing well in the market. However, it only received a score of 1 for dividend, meaning that it may not be a good option for investors looking for regular dividend payments. Overall, Akamai Technologies has a positive long-term outlook, with potential for growth and strong momentum in the market.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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