Akamai Q4 revenues up 8%, profit falls on restructuring charges

Wednesday 7 February 2018 | 09:07 CET | News
Akamai Technologies announced fourth-quarter revenues up 8 percent year-on-year to USD 663 million. The company said Web Division customer revenue grew 17 percent, security product revenue grew 32 percent and media traffic on Akamai's platform grew faster than published growth rates for internet traffic as a whole. Akamai expects further sales growth and margin improvement in 2018. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Companies: Akamai Technologies
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Akamai lifts revenues, reduces profit decline in Q1

Published 01 May 2018 12:37 CET | World
Akamai Technologies said revenues for the first quarter increased 11 percent from the year before to USD 669 million, helped by ...

Akamai unveils new enhancements to cloud delivery platform

Published 16 Apr 2018 17:50 CET | World
Akamai Bot Manager added functionalities to protect apps and APIs, including a client SDK for mobile applications. For larger ...

Akamai elects LogMeIn president, CEO Wagner to BoD

Published 05 Apr 2018 18:43 CET | World
Akamai Technologies appointed William Wagner to the Akamai BoD, effective 3 April. Since 2015, Wagner has held the role of ...

Akamai appoints Lovett as SVP Global Web Sales

Published 04 Apr 2018 09:25 CET | World
Akamai Technologies appointed Scott Lovett as SVP, Global Web Sales. Lovett will lead Akamai's go-to-market strategy and ...

Akamai chairman to retire in June

Published 27 Mar 2018 23:17 CET | World
Akamai Technologies announced its board chairman George Conrades will retire at Akamai's annual shareholder meeting on 1 June. ...

Akamai continues restructuring, aims for operating margins in high 20s for 2020

Published 08 Mar 2018 14:35 CET | World
After conducting a major company-wide restructuring exercise, Akamai Technologies has announced new value creation initiatives to ...

Omzet Akamai omhoog in Q4, winst daalt door herstructurering

Published 07 Feb 2018 10:14 CET | World
Akamai Technologies heeft over het vierde kwartaal van dit jaar een omzet gerealiseerd van 663 miljoen dollar, een stijging van 8 ...

Akamai names Ebrahimi as CIO

Published 04 Jan 2018 13:51 CET | World
Akamai Technologies appointed Ebrahimi as SVP and chief information officer, effective immediately. Reporting to CEO Tom ...

Akamai revenue up 6% to USD 621 mln in Q3

Published 25 Oct 2017 09:39 CET | World
Akamai reported revenue up 6 percent year-on-year to USD 621 million in Q3. Income from operations was USD 86 million, a 23 ...

Akamai unveils IoT and connected car strategy

Published 13 Oct 2017 09:35 CET | World
Akamai Technologies has set out its Internet of Things (IoT) strategy, saying it's designed to help customers in industries ...

Akamai agrees to acquire Nominum

Published 11 Oct 2017 16:12 CET | World
Akamai Technologies entered into an agreement to acquire Nominum, a specialist in DNS and enterprise security products for ...