Akamai’s Media Segment Revenue Fell, Traffic Growth High
Akamai Technologies (AKAM) witnessed a decline in its Media division’s revenues in 4Q17, mainly due to the decrease in rates by the largest clients at the time of renewal of service. In the graph above, we can see the revenue trend of the Media segment in the last five quarters for Akamai. Despite a decline in its Media business, Akamai’s annualized growth in traffic easily outpaced the industry averages in 4Q17.