There were no fireworks in the Q2 report of cloud CDN provider Akamai (NASDAQ:AKAM, news, filings), just solid numbers. With support from the performance and security solutions side of things, both revenues and adjusted earnings per share came in at the top of guidance, which is right where analysts had been looking. Here are a few of their numbers in some context:
|$ in millions||Q2/12||Q3/12||Q4/12||Q1/13||Q2/13||Q3/13
|Gross Margin %||67.6%||68.1%||70.4%||67.2%||67.0%|
Forward guidance was right on target for revenue, and if anything a bit more conservative when it came to earnings per share. Moving up the food chain and into the cloud has certainly been working for them though.
Akamai also released its first quarter’s state of the internet report, which showed that while China is still on top, a bunch of the attack traffic out there has now shifted to Indonesia.
If you haven't already, please take our Reader Survey! Just 3 questions to help us better understand who is reading Telecom Ramblings so we can serve you better!Categories: Content Distribution · Financials