Online content distributor Akamai's revenue rises 7.8 percent

Image
Reuters
Last Updated : Apr 27 2016 | 1:48 AM IST

(Reuters) - Online content distributor Akamai Technologies Inc reported a 7.8 percent rise in quarterly revenue, helped by higher demand for its cloud security services.

The company's net income fell to $74.9 million, or 42 cents per share, in the first quarter ended March 31, from $77.7 million, or 43 cents per share, a year earlier.

Revenue rose to $567.7 million from $526.5 million.

(Reporting by Rishika Sadam in Bengaluru; Editing by Sriraj Kalluvila)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 27 2016 | 1:36 AM IST

Next Story