Akamai Technologies, Inc.


SKU: AKAM Category:


Akamai Technologies – Can The Strong Potential in AI Inferencing Services Catalyze Revenue Growth? 


Akamai Technologies, Inc. reported robust Q4 2023 results, with revenue reaching an impressive $995 million, and non-GAAP operating margin at 30%. Year-over-year non-GAAP earnings per share increased by 23% and by 22% in constant currency, demonstrating the company’s steady progress. For the full year, revenue stood at $3.81 billion, and non-GAAP operating margin was 30%. Non-GAAP earnings per share was $6.20, an uplift of 15% year-over-year and 16% in constant currency. Security revenue growth was a critical contributor to Akamai’s success, with Q4 seeing a 17% year-over[1]year growth. This was driven in part by strong demand for their Guardicore segmentation solution, a critical tool used by enterprises to fight against malware and ransomware. However, the company’s delivery business grew at a slower pace, mainly due to challenges with renewing contracts and high-cost delivery targets.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

Want unlimited access to our reports? Purchase our $99 annual subscription!