Akamai Earnings Preview

Published on Tuesday, 27 July 2010 11:57 Written by Christian Paolinetti

New York, July 27th (TradersHuddle.com) - Shares of Akamai Technologies, Inc. (NASDAQ:AKAM) are trading lower by -1.76% ahead of its quarterly earnings release. Akamai, the provider of delivery services for streaming media is expected to release its quarterly results on July 28^th.

Wall Street Analysts consensus calls for a profit of $0.34 a share on $243.27 million revenue.

Akamai estimates have a range of $0.05 a share. The high estimate calls for profit of $0.37 a share and the low estimate is calling for a profit of $0.32 a share, a year ago for the quarter the company reported $0.4 a share.

Akamai Technologies, Inc. (NASDAQ:AKAM) provides global delivery services for Internet content, streaming media, and applications and global Internet traffic management. The Company uses technology and software to offer tools that provide reporting and management capabilities; network data feeds and Website analytics, which provide customers with real time data about the performance of their content and applications over the Internet.