Akamai Technologies Q1 Non-GAAP Earnings, Revenue Rise; 2025 Outlook Lifted

MT Newswires Live
09 May

Akamai Technologies (AKAM) reported Q1 non-GAAP earnings late Thursday of $1.70 per diluted share, up from $1.64 a year earlier.

Analysts polled by FactSet expected $1.57.

Revenue for the quarter ended March 31 was $1.02 billion, up from $987.0 million a year earlier.

Analysts surveyed by FactSet expected $1.01 billion.

The company said it expects Q2 non-GAAP diluted EPS between $1.52 and $1.58 and revenue between $1.01 billion and $1.03 billion. Analysts polled by FactSet expect non-GAAP EPS of $1.52 and revenue of $1.01 billion.

For 2025, the company expects non-GAAP diluted EPS between $6.10 and $6.40 on revenue of $4.05 billion to $4.20 billion. The company previously expected non-GAAP EPS of $6 to $6.40 on revenue of $4 billion to $4.20 billion. Analysts surveyed by FactSet expect non-GAAP EPS of $6.25 and revenue of $4.11 billion.

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