Free Historical Stock Data on AKAMAI TECHNOLOGIES
Stock Symbol: AKAM
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Business Description
Akamai Technologies, Inc. principally offers e-business infrastructure services and solutions. The Company distributes computing solutions and services that are designed primarily to make the Internet predictable, scalable and secure for customers seeking to conduct business over the Internet. The Akamai EdgePlatform is the foundation of Akamai's business solutions. Built on this platform, the Company's business solutions, the Akamai Solutions extend Web operations anywhere, anytime, and improve insight and management of applications and content through Akamai's EdgeControl technology. The Company offers a range of services, including the EdgeSuite and Edge Computing and related support and services. Its customer base is centered on enterprises, but also includes the government market. During 2003, approximately 16% of the Company's revenue was derived from its operations outside the United States, of which, 13% relate to Europe.
Financial Information
For the nine months ended 9/30/04, revenues rose 31% to $152.4 million. Net income totalled $21 million vs. a loss of $27.2 million. Results reflect an increase in services and software revenues and improved operating margins.
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