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Akamai Technologies (AKAM) Q1 2021 Earnings Call Transcript

Operator Good day, and thank you for standing by. Welcome to the Akamai Technologies first-quarter 2021 earnings call. [Operator instructions] Please be advised that today s conference may be recorded. [Operator instructions] I d now like to hand the conference over to your host today, Mr. Tom Barth, head of investor relations. Tom Barth Head of Investor Relations Thank you, operator. Good afternoon, everyone, and thank you for joining Akamai s first-quarter 2021 earnings conference call. Speaking today will be Tom Leighton, Akamai s chief executive officer; and Ed McGowan, Akamai s chief financial officer. Before we get started, please note that today s comments include forward-looking statements, including statements regarding revenue and earnings guidance.

Robert majek raymond jamesBrandon nispel keybancMichael elias cowenRaymond jamesKeith weiss morgan stanleyRobert majekJeff van rheeCharlie erlikhCharlie erlikh bairdSanjit singh morgan stanleyChuck erlikhNed mcgowanKeith weissPiper sandlerJames breenTom barth

Akamai Reports First Quarter 2021 Financial Results

Akamai Reports First Quarter 2021 Financial Results First quarter revenue of $843 million, up 10% year-over-year and up 8% when adjusted for foreign exchange Security Technology Group revenue of $310 million, up 29% year-over-year and up 27% when adjusted for foreign exchange Edge Technology Group revenue of $532 million, up 2% year-over-year and flat when adjusted for foreign exchange GAAP EPS of $0.94, up 25% year-over-year, and non-GAAP EPS of $1.38, up 15% year-over-year News provided by Share this article Share this article CAMBRIDGE, Mass., May 4, 2021 /PRNewswire/ Akamai (NASDAQ: AKAM), the world s most trusted solution for protecting and delivering digital experiences, today reported financial results for the first quarter ended March 31, 2021. We are pleased with our excellent start in 2021, with revenue, margins and earnings all exceeding expectations, said Dr. Tom Leighton, Chief Executive Officer. We continued to capitalize on the substantial opportuni

United kingdomUnited statesTom leightonSecurity technology groupAkamai technologiesProduct groupEndowment of akamai foundationAkamai foundationEdge technology groupCarrier divisionWeb divisionCloud security solutionsChief executiveAkamai intelligent edge platformTechnology groupInternet platform

Akamai Realigns Around Internet Security And Edge Technology Solutions

Akamai Technologies today announced an organizational realignment intended to position the company to become “even more agile in delivering its market-leading

Adam karonMonique bonnerRick mcconnellRobert blumofeTom leightonKim salem jacksonGlobal sales organizationSecurity technology groupAkamai technologiesEnterprise divisionEdge technologyEdge technology groupCarrier divisionSecurity technologyWeb divisionIntelligent edge platform

Akamai Reports Fourth Quarter 2020 And Full-Year 2020 Financial Results

Fourth quarter highlights GAAP EPS of $0.68 and non-GAAP EPS of $1.33 Full-year highlights GAAP EPS of $3.37 and non-GAAP EPS of $5.22 GAAP operating margin of 21% and non-GAAP operating margin of 31%, exceeding 30% goal Cloud Security Solutions revenue exceeded $1 billion and grew 25% year-over-year Akamai Technologies, Inc. (NASDAQ: AKAM), the world s most trusted solution for securing and delivering digital experiences, today reported financial results for the fourth quarter and full-year ended December 31, 2020. Akamai s strong fourth quarter performance capped off an excellent year in which we surpassed $3 billion in revenue and achieved record earnings per share, said Dr. Tom Leighton, CEO of Akamai. In addition, our security portfolio exceeded $1 billion in revenue, we delivered record traffic levels on our network and we accomplished our 30% non-GAAP operating margin goal. I am very proud of how the Akamai team supported our global customers and billions of i

United kingdomUnited statesTom leightonTom barthGina soriceAkamai technologiesEndowment of akamai foundationAkamai foundationAkamai technologies incCompany annual report on formCarrier divisionCloud security solutionsSecurity technology groupImpact of foreign currency exchange rateEdge technology groupWeb division

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