Akamai beats quarterly estimates on cloud infrastructure demand
Akamai Technologies beat analysts' estimates for the second quarter on Thursday, supported by steady demand across its security and cloud infrastructure services portfolios, sending its shares up 10.5% in extended trading. The company recorded cloud infrastructure services revenue of $99 million, up 39% over the year earlier. Here are some details: • The cybersecurity and cloud computing company's customers include Adobe, eBay and Electronic Arts, as well as the U.S. defense and labor departments.
What This Story Means
Claude is explaining the story in plain words…
Read the Full Story at the Source
The summary here comes from the news provider; the rest of the article lives on the publisher's site: Yahoo