Akamai Stock Surges On Q4 Beat, Outlook Tops Views

By | February 6, 2014

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Akamai Technologies (AKAM) reported Q4 results that beat consensus estimates and forecast current quarter profit and revenue above views, despite the expected negative impact of a contract renegotiation with Apple (AAPL). Shares in Cambridge, Mass.-based Akamai, the biggest provider of CDN (content delivery network) services to media and entertainment companies, popped 16% in early trading in the stock market today. Akamai’s computer servers store Scalper1 News

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