Akamai reports Q3 adjusted EPS $1.86, consensus $1.64

Reports Q3 revenue $1.055B, consensus $1.04B. “Akamai (AKAM) delivered a strong quarter, with solid top-line performance and excellent bottom-line results – highlighted by outperformance on margins and significant year-over-year EPS growth. We were particularly pleased by the continued success of our high-growth security products and the momentum in Cloud Infrastructure Services, where revenue growth accelerated to 39% year-over-year,” said Dr. Tom Leighton, Akamai’s Chief Executive Officer. “We are also excited by the interest in our newly launched Akamai Inference Cloud, which is powered by NVIDIA AI infrastructure and engineered to enable secure, low-latency performance for AI at the edge. By moving AI inference from the core to the edge, we are unlocking a new generation of applications that can sense, reason and act in real-time.”