Feb 6- Internet content delivery company Akamai Technologies Inc forecast current-quarter revenue below analysts' expectations as the company plans to wind down some media contracts, sending its shares down 16 percent. The company expects first-quarter adjusted earnings of 50 cents to 52 cents per share on revenue of $352 million to $362 million.
Feb 6- Internet content delivery company Akamai Technologies Inc reported quarterly revenue below analysts' estimates as online activity during the holiday season was not as strong as expected, sending its shares down 13 percent in after-hours trading.
CAMBRIDGE, Mass.-- Online content-delivery company Akamai Technologies Inc. said Wednesday that its third-quarter earnings rose 14 percent from a year ago as revenue grew. Net income in the three months to Sept. 30 rose to $48.2 million, or 27 cents per share, from $42.3 million, or 23 cents per share, a year ago.
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