Akamai Technologies Inc

AKAM: XNAS (USA)
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Akamai Earnings: Cloud Services Ramp Is Imminent, but Worries Over Needed Capital Weigh

Akamai's third-quarter sales rose 6% on modest security and cloud-compute revenue. Management announced targets of $1.2 billion in cloud-computing revenue in 2027, and over $7 billion in total revenue for 2028, implying a faster path to its previously stated $2.2 billion annualized run rate.

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