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Akamai Technologies made $1.1 billion in sales last quarter, which is a 6% increase from last year.

ResultsRead the original at globenewswire.com
Good for AKAM

Akamai's sales rose 6%, security sales rose 9%, and cloud infrastructure sales rose 34%. More than $14 billion in signed cloud commitments supports a positive read; the report gives no forecast figures.

AKAM · Akamai Technologies, Inc.

AI read · Good for AKAM

The AI's read

Growth came from both security and cloud infrastructure, with cloud growing faster. The company also said it had signed multi-year cloud commitments, suggesting customers plan to use those services. The report mentions updated forecasts but gives no figures here, so the positive read rests on reported growth and signed commitments.

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