Tweet

Akamai profits up

By BroadCasting & Cable Staff -- Broadcasting & Cable, 7/30/2000 8:00:00 PM

Akamai Technologies reported $18.1 million in revenue for the second quarter ended June 30, a 151.2% increase from the previous quarter.

Normalized net loss for second quarter 2000, before equity-related non-cash compensation charges and amortization of intangible assets, totaled $43.4 million, or 50 cents per share; that's less than the 57-cent-per-share normalized net loss that research firm First Call had predicted for the quarter, but more than the net loss of $24.2 million, or 32 cents per share, logged in the first quarter.

Net loss attributable to common stockholders for second quarter 2000 and first quarter 2000 was, respectively, $243.2 million and $35.4 million, or $2.78 per share and 47 cents per share.

Tweet

Talkback

We would love your feedback!

Post a comment

» View All Talkback Threads

Related Content

• Topics
• Author
• Most Popular Pages

No related content found.

Also by this author

• Technology Leadership Summit 2011

• WGA Announces TV Noms

• Cable Ratings: 'Top Chef' Finale Draws 3.4 Million

• Leo Wolinsky Named Editor of Daily Variety

• CAB: Cable Ad Spending Grows to $18.7B in '09

Also by Staff Staff

Most Popular Pages

No Top Articles

• Resource Center
• Browse Categories
• Browse Companies

Featured Company

• Digital Rapids

  

  Digital Rapids provides market-leading software and hardware solutions, technology and expertise for transforming live and on-demand video to reach wider audiences on the latest viewing platforms more efficiently, more effectively and more profitably. Empowering applications from..more

---

Most Recent Resources

• The New Normal for Promoting Tune-in
• Achieving Operational Freedom in Digital Media Workflows