Akamai lifts revenues, reduces profit decline in Q1

Tuesday 1 May 2018 | 12:37 CET | News
Akamai Technologies said revenues for the first quarter increased 11 percent from the year before to USD 669 million, helped by continued strong growth at its security business, improvements at its media business, and better margins. Revenues jumped 36 percent to USD 149 million at Cloud Security Solutions. They lifted 16 percent at the Web Division to USD 353 million and went 6 percent higher to USD 316 million at the Media and Carrier Division. Revenues from Internet Platform Customers meanwhile slipped 14 percent to USD 44 million. By geography, US revenues went up 6 percent to USD 423

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Categories: Internet
Companies: Akamai Technologies
Countries: World
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