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Akamai CEO Says Security Is Becoming a Major Growth Driver for the Content Business

You ve got to adopt a model of zero trust of security, Leighton told Jim Cramer in a Mad Money. You can t just allow unfettered access once you re past the firewall.
Akamai reported bringing in $843 million in revenue in the three-month period ended March 31. About $310 million of that was delivered through the security arm, up 29% from $240 million in the year-ago quarter.
In the same quarter, Akamai s Edge Technology Group, which helps businesses produce and distribute content, grew by less than 2% and made up 63% of revenues, down from almost 69% during the same period the year prior.
[Security] will become a bigger part of Akamai and that s because we have solutions that can really defend enterprises, Leighton said. ....

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Akamai Boosts Edge Application Power, Expanding Possibilities For Developers

Akamai Boosts Edge Application Power, Expanding Possibilities For Developers
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Akamai Boosts Edge Application Power, Expanding Possibilities for Developers

Akamai Boosts Edge Application Power, Expanding Possibilities for Developers
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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. ....

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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
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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 capitaliz ....

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