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February 5, 2013
13:41 EDTAKAMEarnings Preview: Analyst views differ on Akamai ahead of Q4 report
Akamai Technologies (AKAM) is expected to report Q4 earnings after the close on Tuesday, February 5, with a conference call scheduled for 4:30 pm ET. Akamai provides Internet content delivery and cloud infrastructure services... EXPECTATIONS: Analysts are looking for earnings per share of 50c on revenue of $381.32M. The consensus range is 48c-52c for EPS on revenue of $378.1M-$388.49M, according to First Call. During the quarter, the company backed its guidance for Q4 EPS of 48c-50c on revenue of $373M-$385M and said it was not updating that guidance as a result of its acquisition of Verivue, which it did not expect to materially impact results of operations in Q4... LAST QUARTER: Akamai reported Q3 EPS of 43c on revenue of $345M, which beat the consensus expectations at that time in October. Immediately following that report, Akamai shares were upgraded to Outperform at Oppenheimer, which put a $50 price target on the stock at that time, and to Buy at Canaccord, which raised its price target on shares to $45 from $37... RESEARCH AND NEWS: In a note to investors this morning, Canaccord Genuity analyst Greg Miller reiterated the firm's Buy rating on Akamai, citing the belief that demand drivers for its top-line growth remain "exceptionally strong." However, on January 4, research firm Pacific Crest said it believes Akamai's traffic growth slowed in December and maintained a Sector Perform rating on the shares. Early this month, a blog devoted to online video delivery technology, Streaming Media, reported that Akamai competitor Level 3 (LVLT) won a contract from Apple (AAPL) to deliver some software downloads in the U.S. and Europe. Following that report and related weakness in Akamai shares, the stock was defended by Wells Fargo and then B. Riley Caris, which contended that the company receives less than 1% of its revenues from Apple downloads... PRICE ACTION: Since the day after last quarter's report, shares of Akamai have advanced over 14%. In afternoon trading ahead of tonight's report, Akamai is trading near flat.
News For AKAM From The Last 14 Days
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June 24, 2015
06:47 EDTAKAMAkamai releases Q1 'State of the Internet' report
Akamai Technologies released its Q1 State of the Internet Report. Based on data gathered from the Akamai Intelligent Platform, the report provides insight into key global statistics such as connection speeds and broadband adoption across fixed and mobile networks, overall attack traffic, global 4K readiness, and IPv4 exhaustion and IPv6 implementation. the first quarter of 2015, Akamai observed a 1.2% quarterly increase in the number of unique IPv4 addresses connecting to the Akamai Intelligent Platform, growing to over 812 million—about 10 million more than were seen in the fourth quarter of 2014. n the first quarter, average mobile connection speeds ranged from a high of 20.4 Mbps in the United Kingdom—a 27% increase over the fourth quarter—to a low of 1.3 Mbps in Vietnam. Average peak mobile connection speeds ranged from 149.3 Mbps in Australia to 8.2 Mbps in Indonesia. Denmark saw 98% of unique ip addresses from mobile providers connect to Akamai at speeds above 4 Mbps, followed by Sweden and Venezuela with 97% each. On the other end of the spectrum, four countries—Vietnam, Iran, Kazakhstan, and Bolivia—each had less than 1% of ip addresses connecting at those speeds. Based on traffic data collected by Ericsson, the global volume of mobile data traffic grew by 12% between the fourth quarter of 2014 and first quarter of 2015. Analysis of Akamai io data collected during the first quarter from a sample of requests to the Akamai Intelligent Platform indicates that for traffic from mobile devices on cellular networks, Apple Mobile Safari accounted for roughly 35% of requests, down slightly from 36% in the fourth quarter, while Android Webkit and Chrome for mobile accounted for 23% and 16% of requests, respectively—giving a total of 39% for the Android platform. For traffic from mobile devices across all networks, Apple Mobile Safari was responsible for close to 47% of requests, down from 48% last quarter, while Android Webkit and Chrome Mobile made up just over 25% and 17% of requests, respectively, for a total of 42%. ontinuing the trend seen in the fourth quarter of 2014, the number of unique IPv4 addresses worldwide connecting to Akamai grew by nearly 10 million in the first quarter. As noted in last quarter’s report, however, the company expects that the number of unique global IPv4 addresses seen by Akamai may level off or decline in the future as more carriers implement carrier-grade network address translation solutions in an effort to conserve limited IPv4 address space and as they increase support for and availability of native IPv6 connectivity for subscribers.

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