Akamai Technologies

Akamai posted Q2 revenue of $1.1 billion, non-GAAP EPS $1.59, with security revenue up 10% and cloud infrastructure services surging 39% while legacy delivery fell 6%. Management reported a multi-year cloud commitment worth over $600 million for robotics workloads, said GPU capacity is sold out, and noted total multi-year cloud commitments signed year-to-date exceed $2.8 billion. Full-year revenue guidance was set at $4.445–4.530 billion and capex is expected near 40% of revenue to support scaling, prompting analyst concern over margin compression and an HSBC downgrade to Hold. » More on finance.yahoo.com

Akamai reported Q2 2026 results with revenue and adjusted EPS slightly above analysts' estimates, lifting revenue to $1.1bn (+5% y/y). A four‑year cloud infrastructure deal worth more than $600m with a U.S. technology customer in robotics/AI is cited as the driver of the premarket rally. The Cloud Infrastructure segment grew 39% to $99m, Security rose 10% to $604m, while the traditional Delivery business declined. Management expects accelerated cloud growth toward the end of 2026 and forecasts revenue growth in the low double digits for 2027, although near‑term guidance is slightly below consensus. » More on de.investing.com

Akamai has completed its acquisition of LayerX, a provider of a browser security platform, for about $205 million. The integration expands Akamai’s zero-trust offering with capabilities to monitor and control user interactions with web content, file uploads and SaaS applications without needing to replace existing browsers. The combined solution is intended to use Akamai’s distributed network to improve workforce security and protection for interactions with AI applications. Akamai has a market capitalization of $16.4 billion and holds liquid assets that exceed short-term liabilities, which supports financing the acquisition. » More on de.investing.com