Akamai (AKAM) is down 14.8% premarket after reporting disappointing Q2 results. During its CC,...


Akamai (AKAM) is down 14.8% premarket after reporting disappointing Q2 results. During its CC, the company guided for Q3 revenue of $273-$283M and EPS of $0.31-$0.34, below a consensus of $288.5M and $0.38. Akamai attributes its shortfalls to macro issues and price pressure in its media and software delivery business. (PR)

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