April 28, 2005, 12:00 AM

Revenues up 24% at Akamai Technologies

Akamai Technologies Inc. reported first quarter revenue grew 4.3% to $60.1 million from $57.6 million in 2004’s fourth quarter and up 24% from $48.4 million in the year-earlier period.

Kurt Peters

Executive Editor

 

Content delivery company Akamai Technologies Inc. reported first quarter revenue grew 4.3% to $60.1 million from $57.6 million in 2004’s fourth quarter and up 24% from $48.4 million in the year-earlier period.

Net income totaled $14.1 million, up 5% from $13.4 million in 2004’s fourth quarter, and up four-fold from $2.9 million in the first quarter of 2004.

Operating income totaled $ 16.3 million, an 11.6% increase from $14.6 million in the fourth quarter, and up 96.4% from $8.3 million a year earlier.

At the end of the quarter, Akamai had 1,360 customers under recurring contracts. That’s up 3.8% from 1,310 customers in 2004’s fourth quarter and up 16% from 1,172 a year ago. The number of deployed servers totaled 16,071 at quarter end, up 6.6% from 15,075 at year-end 2004, and a 11.3% increase from 14,434 in last year’s first quarter.

 

Comments

Sign In to Make a Comment

Comments are moderated by Internet Retailer and can be removed.

Not a member? Signup for free today!

Advertisement

Advertisement

Advertisement

Relevant Commentary

FPO

Jason Squardo / Mobile Commerce

Five tips for achieving high mobile search rankings

Searches on mobile devices will soon exceed those on computers, Google says. Retailers that keep ...

FPO

Sergio Pereira / B2B E-Commerce

Quill turns to its B2B customers for new ideas

Coming in April is a new section of Quill.com that will let customers and Quill ...

Advertisement