Akamai reports Q3 2017 financial results

Akamai Technologies, Inc. (NASDAQ: AKAM), a cloud delivery platform, has reported financial results for the third quarter ended September 30, 2017, the company said.

Revenue was USD 621 million, a 6% increase over third quarter 2016 revenue of USD 584 million and a 6% increase when adjusted for foreign exchange.

GAAP income from operations was USD 86 million, a 23% decrease from third quarter 2016. GAAP operating margin for the third quarter was 14%, down 5 percentage points from the same period last year.

Non-GAAP income from operations was USD 142 million, a 13% decrease from third quarter 2016. Non-GAAP operating margin* for the third quarter was 23%, down 5 percentage points from the same period last year.

Akamai makes it easier for its customers to provide the best and most secure digital experiences on any device, anytime, anywhere.