"Analyzing Akamai (AKAM) Stock Performance and Q4 Earnings"

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Source: Yahoo Finance
"Analyzing Akamai (AKAM) Stock Performance and Q4 Earnings"
Photo: Yahoo Finance
TL;DR Summary

Akamai (AKAM) stock fell 10.4% after reporting fourth-quarter results with revenue below expectations and providing guidance for the next quarter that missed consensus estimates, reflecting expectations for a revenue decline in the first half of the year as CDN customer contracts are renewed. Despite this, the company had a stronger quarter previously, with revenue and EPS beating expectations and benefiting from a partnership with WWT to sell security solutions. The stock is currently trading 10.2% below its 52-week high, and investors who bought shares 5 years ago would now see a 63% return on their investment.

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