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

|About: Akamai Technologies, Inc. (AKAM)|By:, SA News Editor

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)