UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________ FORM 10-Q ______________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 000-27275 _____________________________ ...

Exhibit 99.1 FOR IMMEDIATE RELEASE Contacts: Gina Sorice Mark Stoutenberg Media Relations Investor Relations Akamai Technologies Akamai Technologies 646-320-4107 857-227-4491 gsorice@akamai.com mstouten@akamai.com AKAMAI REPORTS SECOND QUARTER 2024 FINANCIAL RESULTS Revenue: Revenue was $980 million, a 5% increase over second quarter 2023 revenue of $936 million and a 6% increase when adjusted for foreign exchange.* Revenue by solution: Revenue by geography: Income from operations: GAAP income from operatio ...

Akamai Technologies, Inc. (AKAM) recently announced that it has joined forces with Datadog, Inc. (DDOG) to bolster the enterprise's cyber defense capabilities. Datadog, based in New York, offers an observability and security platform for cloud applications aiding businesses in their digital transformation. In this venture, Akamai aims to combine Akamai Zero Trust Solutions with Datadog's Cloud Security Information and Event Management (SIEM) system to improve the organization’s risk management process and r ...

Finding the best edge computing stocks often relies on seeing which company has the most successful specialized application of the technology. For example, the term edge computing can refer to cloud computing provided at the physical edges of a network, or it can refer to 5G networks that connect an internal network to a private server for off-site calculations.As such, investors should carefully consider the details of these niche applications, as not every company offering edge computing services is guara ...

Akamai Technologies, Inc. (AKAM) is scheduled to release second-quarter 2024 results on Aug 8, after the closing bell. In the last reported quarter, the company delivered an earnings surprise of 1.86%. It pulled off a trailing four-quarter earnings surprise of 5.44%, on average. The company is expected to report higher revenues year over year, backed by healthy demand in security and compute verticals. Management’s focus on expanding its portfolio to cater to advanced use cases is a tailwind.Factors at Play ...

The new digital age for cybersecurity stocks to me is reflective of a number of long-term trends that could reshape the industry. One of the significant trends is the growing usage of artificial intelligence and machine learning in cybersecurity. These technologies are transforming methods of detecting and combating threats through the processing of large amounts of information and the recognition of suspicious patterns. Another factor that is likely to create more opportunities and threats is quantum compu ...

Companies combine security information and event management (SIEM) technology with Zero Trust solutions to help increase enterprises' overall security posture.CAMBRIDGE, Mass., Aug. 6, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today announced a partnership with Datadog, the monitoring and security platform for cloud applications, that will enable organizations to integrate Datadog Cloud SIEM with Zero Trust solutions Akamai Enterpr ...

The most recent trading session ended with Akamai Technologies (AKAM) standing at $98.28, reflecting a +0.41% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 1.08% for the day. On the other hand, the Dow registered a gain of 0.75%, and the technology-centric Nasdaq increased by 2.64%.Shares of the cloud services provider have appreciated by 7.77% over the course of the past month, outperforming the Computer and Technology sector's loss of 5.77% ...

Core Insights - Akamai Technologies intends to achieve FedRAMP High accreditation and DoD CC SRG Impact Levels 4 and 5 to enhance its security offerings for federal and defense clients [1][2][3] - The company has over 20 years of experience partnering with U.S. government agencies, understanding their unique security challenges and requirements [2] - The pursuit of these accreditations reflects Akamai's commitment to safeguarding critical systems and meeting the increasing demand for robust cybersecurity in the public sector [3] Summary by Category Company Initiatives - Akamai is launching an initiative called Defense Edge to achieve FedRAMP High accreditation and DoD CC SRG Impact Levels 4 and 5 [1] - The company currently holds FedRAMP Moderate accreditation and aims to support a broader range of federal workloads with the new accreditations [2] Security and Compliance - FedRAMP High requires compliance with comprehensive security controls to protect highly sensitive government data, positioning Akamai to handle critical information [2] - Achieving DoD CC SRG Impact Levels 4 and 5 will affirm Akamai's capability to engage with law enforcement and national security workloads [3] Market Positioning - Akamai's advanced security technologies and extensive experience make it a trusted partner for federal agencies [3] - The company's initiatives align with the growing demand for cybersecurity measures in the public sector, ensuring federal agencies can adopt cutting-edge technologies securely [3]

Toronto , Canada - 28 June 2023; Tom Leighton, Co-founder & CEO, Akamai Technologies, on FullSTK ... [+] stage during day two of Collision 2023 at Enercare Centre in Toronto, Canada. (Photo By Ramsey Cardy/Sportsfile for Collision via Getty Images)Sportsfile via Getty ImagesAkamai is slated to report its Q2 FY’24 results on August 8. We estimate that Akamai’s revenue will come in at about $980 million for the quarter, slightly ahead of consensus estimates and 4.5% higher compared to last year. We estimate t ...