Akamai Technologies Inc
AKAM: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| S^p | LOCK|$#y | LOCK|^BM!pdN |
Akamai Earnings: A Stabilizing Content Delivery Business Drove Impressive Margins
Akamai's revenue grew 4% year on year in constant currency for the first quarter, mainly due to stabilizing content delivery revenue, which was down 8% versus last year, but improved slightly sequentially. An impressive adjusted operating margin of 30% was the highest first quarter since 2021.
