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Akamai increases profit by 40% in Q2

Thursday 25 July 2013 | 09:25 CET | News
Cloud platform Akamai Technologies reported second quarter revenues of USD 378 million, a 14 percent increase over same quarter a year ago. Sales through resellers and sales outside the United States accounted for 20 percent and 29 percent, respectively, of revenue for the second quarter. Net profit for the three months went up by 40 percent to USD 62 million or USD 0.34 per share from a profit of USD 44 million or USD 0.24 per share in the corresponding quarter a year ago. Adjusted EBITDA for the quarter increased to USD 166 million, up from USD 143 million in the same period last year. Cash

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Categories: Internet
Companies: Akamai Technologies
Countries: World
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