Report
Alex Zhao
EUR 101.80 For Business Accounts Only

Akamai Ended Fiscal 2017 with Solid Performance and Guided Better Profitability; Raising FVE to $55

Akamai’s fourth-quarter results slightly exceeded our expectations on top line and management guidance but tracked closely with our projections on EBITDA margins. The firm saw continued growth in high-end web performance solutions and security offerings and an uptick in media traffic was related to e-commerce clients in a busy holiday season. The firm issued 2018 outlook, which entailed a lower tax rate that we have already modeled (23%) and faster improvement on margin. As we roll the model and...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Alex Zhao

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