April 30, 2010, 3:13 PM

Q1 revenue and net income rise at Akamai Technologies

Content delivery network operator Akamai Technologies Inc. reports double-digit revenue and net income growth in the first quarter.

Content delivery network operator Akamai Technologies Inc. reports double-digit revenue and net income growth in the first quarter ended April 28.

For the first quarter of fiscal 2010, the technology vendor reports:

  • Revenue grew 14.1% to $240.0 million from $210.4 million in Q1 2009.
  • Net income grew 10.2% to $40.9 million from $37.1 million in Q1 2009.

“E-commerce continued to be our fastest growing vertical, increasing 19% over Q1 of last year, but declining 5% compared to Q4 due to normal seasonality, primarily in our advertising decision solutions,” said J.D. Sherman, chief financial officer, during a conference call with analysts.

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From The IR Blog

FPO

Jason Miller / E-Commerce

Six steps to take to make your site ready for the holidays

Images, tags and mobile performance are among the key areas to focus on in the ...

FPO

Anna Buchalova / E-Commerce

Four e-commerce metrics that can help increase ROI

Many e-retailers focus on conversion rate, but here are four less-obvious ways to analyze your ...

Advertisement