Tuesday, April 29, 2008

Akamai's Q1 Revenue Grows to $187.0 million, up 34% YoY

Akamai Technologies reported Q1 2008 revenue of $187.0 million, a 34% over first quarter 2007 revenue of $139.3 million, and a two percent increase over fourth quarter 2007 revenue of $183.2 million. Net income (GAAP) was $36.9 million, or $0.20 per diluted share.

The number of customers under long-term services contracts at the end of the first quarter increased by 27 to a record 2,672, an 8 percent increase year-over-year. http://www.akamai.com