Internet bandwidth pioneer Akamai Technologies this afternoon reported Q4 revenue and profit that topped analysts' expectations.
Revenue in the quarter rose 7%, year-over-year, to $905 million, yielding a net profit of $1.49 a share, excluding some costs. Analysts had been modeling $896.3 million and $1.42 per share.
Akamai's revenue in its Security Technology Group rose 23%, year-over-year, to $365 million. But revenue in its Edge Technology Group was down 2% compared to the prior-year period at $541 million.
"Akamai's outstanding fourth quarter performance capped off an excellent year on both the top and bottom lines," said Dr. Tom Leighton, CEO of Akamai.
For the full fiscal year, the company reported a revenue of $3.5 billion, up 8% year-over-year, and a non-GAAP EPS of $5.74, up 10% year-over-year.