Akamai reports fourth quarter 2023 and full-year 2023 financial results

Fourth quarter highlights revenue of $995 million, up 7% year-over-year and when adjusted for foreign exchange* security and compute revenue represented 61% of total revenue in the fourth quarter and grew 18% year-over-year and 17% when adjusted for foreign exchange* gaap net income per diluted share of $1.03, up 26% year-over-year and up 24% when adjusted for foreign exchange*, and non-gaap net income per diluted shared* of $1.69, up 23% year-over-year and up 22% when adjusted for foreign exchange* full-year highlights revenue of $3.812 billion, up 5% year-over-year and up 6% when adjusted for foreign exchange* security and compute revenue represented 60% of total revenue in 2023 and grew 17% year-over-year and when adjusted for foreign exchange* gaap net income per diluted share of $3.52, up 8% year-over-year and up 9% when adjusted for foreign exchange*, and non-gaap net income per diluted share * of $6.20, up 15% year-over-year and up 16% when adjusted for foreign exchange* cambridge, mass. , feb. 13, 2024 /prnewswire/ -- akamai technologies, inc. (nasdaq: akam), the cloud company that powers and protects life online, today reported financial results for the fourth quarter and full-year ended december 31, 2023.
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