Friday, August 1, 2008

Akamai Miss: Blame Broadband or Competition?

A very nice summary of what's been reported about the Akamai earning call, by Data Center Knowledge:

>>Shares of Akamai (AKAM) plunged 23.5 percent Thursday after the company reported subpar earnings and lowered its full-year sales and profit guidance. That prompted a decline of $7.91 to $23.34 a share. Akamai shares have been beaten up before, but today's discussion quickly focused on the company's rationale for its earnings miss. A roundup:

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