Akamai (NASDAQ:AKAM) reports Q3 2026 in line with expectations but stock drops on weak guidance
Cloud technology company Akamai Technologies (NASDAQ:AKAM) met Wall Street’s revenue expectations in Q3 2026, with revenue up 6.4% year on year to $1.12 billion. On the other hand, next quarter’s revenue guidance of $1.16 billion was less impressive, coming in 3.5% below analysts’ consensus estimates. Its non-GAAP profit of $1.77 per share was 5.8% above analysts’ consensus estimates.
Cloud technology company Akamai Technologies (NASDAQ:AKAM) met Wall Street’s revenue expectations in Q3 2026, with revenue up 6.4% year on year to $1.12 billion. On the other hand, next quarter’s revenue guidance of $1.16 billion was less impressive, coming in 3.5% below analysts’ consensus estimates. Its non-GAAP profit of $1.77 per share was 5.8% above analysts’ consensus estimates.
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