PREMARKET ALERT: Akamai Technologies (AKAM)

Posted in General 
July 30th, 2009

Akamai Technologies Inc. (Nasdaq: AKAM) shares are down more than 6 percent to $17.50 in premarket trading of more than 60,000 shares as of 8 a.m. Eastern. The company reported EPS of 40 cents a share, a penny less tan analyst expectations. Revenue fell nearly 3 percent to $204.6 million, below expectations of $211 million. the company guided third-quarter EPS in a range of 33 to 36 cents a share, vs. analyst expectations of 41 cents. — Mike Tarsala

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