Report
Matthew Dolgin
EUR 100.00 For Business Accounts Only

Security Solutions Are Shining for Akamai, but We Think Its Core Business Is Ripe for Competition

Akamai reported a superb fourth quarter, exceeding already inflated expectations. Security solutions continues to be the standout, as a second consecutive quarter of nearly 40% year-over-year sales growth resulted in 35% growth for the year--an acceleration from last year's 32% (although acquisitions in each of the last few years makes comparisons imprecise). More impressively, the growth is coming on a security business that now has a $750 million annual run rate and is providing a quarter of A...
Underlying
Akamai Technologies Inc.

Akamai Technologies provides solutions for securing, delivering and optimizing content and business applications over the Internet. The company provides online solutions for the security, delivery and acceleration of websites and applications. The company's solutions include: cloud security solutions; enterprise security solutions; web and mobile performance solutions; media delivery solutions; carrier solutions; and services and support solutions, which provides an array of service and support offerings that are designed to assist its customers with integrating, configuring, optimizing and managing its main offerings.

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
Matthew Dolgin

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