Thursday, February 7, 2008

Akamai Beats Estimates...

Akamai Technologies Inc. (AKAM). The Cambridge, Mass.-based service provider for accelerating content and applications online late Wednesday reported fourth-quarter net income of $35.9 million, or 20 cents a share, compared with $20.6 million, or 12 cents a share, in the same period a year earlier. Normalized net income for the fourth quarter was $75.9 million, or 41 cents a share. Revenue for the period ended Dec. 31 jumped 46% to $183.2 million from last year's $125.7 million.

AKAM is up 1.00 to $30.75 premarket.

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