- Akamai (AKAM) has guided on its Q4 CC for Q1 revenue of $426M-$442M and EPS of $0.51-$0.55, soundly above a consensus of $412.8M and $0.49.
- The CDN market leader says the guidance takes into account the renegotiation of a contract with its top media customer (widely believed to be Apple).
- Shares have added to the gains they initially saw on news of Akamai's Q4 beat.
Akamai issues strong Q1 guidance, shares +18.1% AH
Feb 5 2014, 17:28 ET