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Akamai Up After Earnings, Guidance Coming Shortly (AKAM)

Akamai Technologies Inc. (NASDAQ: AKAM) has just posted normalized earnings of $0.41 EPS on revenues of $183.2 million. First Call had estimates of $0.37 EPS and $174.61 million in revenues. Estimates for the next quarter are $0.38 EPS and $183.04 million in revenues. Estimates for fiscal 2008 are $1.65 EPS and $803.93 million in revenues. Full-year cash from operations was $235.4 million, and at year-end Akamai had approximately $633.5 million of cash and equivalents on hand. Akamai also noted that it added 29 customers to end with 2,645 customers; a 13% annual gain. Sales through resellers were 16% of quarterly…
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