Akamai Reports Third-Quarter Revenue of $1.12 Billion and EPS of $0.77
Revenue rose 6% year over year while net income declined. Security and cloud infrastructure growth was partly offset by lower delivery and other cloud applications revenue.
Akamai’s third-quarter revenue rose 6% year over year, while net income declined. Growth in security and cloud infrastructure services was partly offset by lower delivery and other cloud applications revenue, reflecting renewal pricing pressure and customer cost optimization. Higher network investm…