Benzinga | Nov 2, 2021 04:03PM EDT

Akamai Technologies Q3 EPS $1.45 Beats $1.39 Estimate, Sales $860.00M Beat $851.50M Estimate; Reports $1.8B Buyback

Akamai Technologies (NASDAQ:AKAM) reported quarterly earnings of $1.45 per share which beat the analyst consensus estimate of $1.39 by 4.32 percent. This is a 10.69 percent increase over earnings of $1.31 per share from the same period last year. The company reported quarterly sales of $860.00 million which beat the analyst consensus estimate of $851.50 million by 1.00 percent. This is a 8.47 percent increase over sales of $792.85 million the same period last year.