What analyst predict for Akamai Technologies NASDAQ:AKAM ?

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What analyst predict for Akamai Technologies NASDAQ:AKAM ?

Akamai Technologies NASDAQ:AKAM

Akamai Technologies is stock market daily expected to report earnings on 04/30/2018 after market close. The report will be for the fiscal Quarter ending Mar 2018. According to stock market daily Investment Research, based on 10 analysts forecasts the consensus EPS forecast for the quarter is $0.51. The reported EPS for the same quarter last year was $0.53.

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Overview of Akamai Technologies NASDAQ:AKAM

Akamai is the global leader in Content Delivery Network (CDN) services, making the Internet fast, reliable and secure for its customers. The company’s advanced web performance, mobile performance, cloud security and media delivery solutions are revolutionizing how businesses optimize consumer, enterprise and entertainment experiences for any device, anywhere.

Akamai’s beginnings lie in a challenge posed by World Wide Web inventor Tim Berners-Lee at the Massachusetts Institute of Technology (MIT) in early 1995. The father of the web foresaw the congestion that was soon to become very familiar to Internet users, and he challenged colleagues at MIT to invent a fundamentally new and better way to deliver Internet content. What he may not have foreseen was that posing the problem in an academic setting would ultimately result in a commercial service that has revolutionized the Internet.

MIT Professor of Applied Mathematics Tom Leighton, who had an office down the hall from Dr. Berners-Lee, was intrigued by the challenge. Dr. Leighton, a renowned expert on parallel algorithms and architecture was head of the Algorithms Group at MIT’s Laboratory for Computer Science. Dr. Leighton recognized that a solution to web congestion could be found in applied mathematics and algorithms and he assembled a team of researchers to tackle the problem.

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