Akamai Q2 Profit Beats Estimates - Quick Facts

(RTTNews) - Akamai Technologies, Inc. (AKAM) reported second-quarter GAAP net income of $73 million, or $0.40 per share, compared to $62 million, or $0.34 per share, prior year. Non-GAAP net income for the second quarter of 2014 was $106 million, or $0.58 per share.

On average, 18 analysts polled by Thomson Reuters expected the company to report profit per share of $0.55 for the quarter. Analysts' estimates typically exclude special items.

Revenue was $476 million, a 26% increase over second quarter 2013 revenue of $378 million. Analysts expected revenue of $472.86 million for the quarter.

"Akamai delivered an excellent second quarter with continued strong revenue, margins and earnings expansion. Revenue growth remained solid across each geography and every solution category, with particularly strong performance in our Security and Media Delivery offerings. We believe that our continued investments in support of our strategic goals will position us well to meet the needs of the rapidly-changing and fast-growing Internet ecosystem," said Tom Leighton, CEO.