Don’t miss the latest developments in business and finance.

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)

More From This Section

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

Next Story