Akamai Technologies, Inc. (NASDAQ:AKAM) Q1 2024 Earnings Call Transcript May 9, 2024 Akamai Technologies, Inc. misses on earnings expectations. Reported EPS is $1.11 EPS, expectations were $1.61. Akamai Technologies, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day […]
Novavax stock surged after the vaccine maker signs a $1.2 billion licensing deal with France’s Sanofi, guidance from Akamai Technologies missed estimates, and Sweetgreen soared after the salad chain boosts its full-year revenue outlook.
Shares of web content delivery and security company Akamai (NASDAQ:AKAM) fell 11.2% in the morning session after the company reported first-quarter earnings results. Although its EPS beat Wall Street's estimates, its full-year revenue guidance missed analysts' expectations, sending the stock down. Company outlooks have been the big focus this earnings season. On the bright side, the Board authorized a new three-year, $2.0 billion share repurchase program. Overall, the results could have been bet