Akamai reports first quarter 2024 financial results

First  quarter revenue of  $987 million, up 8% year-over-year and when adjusted for foreign exchange* security and compute revenue represented 64% of total revenue in the first quarter and combined grew 22% year-over-year and when adjusted for foreign exchange* gaap net income per diluted share of $1.11, up 79% year-over-year and up 81% when adjusted for foreign exchange*, and non-gaap net income per diluted share* of $1.64, up 17% year-over-year and up 18% when adjusted for foreign exchange* board of directors authorizes a new, three-year, $2.0 billion share repurchase program cambridge, mass., may 9, 2024 /prnewswire/ -- akamai technologies, inc. (nasdaq: akam), the cloud company that powers and protects life online, today reported financial results for the first quarter ended march 31, 2024.
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