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  • (AKAM, CRWE, UTHR, SGAE, EZCH) Stock in Focus by 0 comments
    Aug 10, 2011 9:06 AM

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    Akamai Technologies Inc. (NASDAQ:AKAM), the leading provider of cloud optimization services, reported financial results for the second quarter ended June 30, 2011. Revenue for second quarter 2011 was $277.0 million, a 13 percent increase over second quarter 2010 revenue of $245.3 million, and slightly above first quarter 2011 revenue of $276.0 million. Net income in accordance with United States Generally Accepted Accounting Principles, or GAAP, for the second quarter of 2011 was $47.9 million, or $0.25 per diluted share, a 26 percent increase from second quarter 2010 GAAP net income of $38.1 million, or $0.20 per diluted share, and a 5 percent decrease from first quarter 2011 GAAP net income of $50.6 million, or $0.26 per diluted share.

    Akamai Technologies, Inc. provides services for accelerating and improving the delivery of content and applications over the Internet in the United States and internationally.

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