Report
Alex Zhao
EUR 101.80 For Business Accounts Only

Akamai has a profitable niche, but we doubt its long-term growth potential due to CDN insourcing.

Akamai’s third-quarter results tracked closely with our expectations both on total revenue growth and EBITDA margins. Total revenue grew 6% year over year, thanks to continued strong growth in Performance and Security Solutions, or PSS, and more modest decline in Media Delivery Solutions, or MDS, than what we expected. Adjusted EBITDA margin was 36% in the quarter, down significantly from 40% last year (as expected) but on par with last quarter. The company’s efforts in reigniting traffic growth...
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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