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Akamai Reports Fourth Quarter 2011 And Full-Year 2011 Financial Results

Annual revenue increased 13 percent year-over-year to $1,159 million
CAMBRIDGE, Mass., Feb. 8, 2012 /PRNewswire/ --

-- Fourth quarter revenue grew to $324 million, up 15 percent from the prior quarter and 14 percent year-over-year, and annual revenue increased 13 percent year-over-year to $1,159 million -- Fourth quarter GAAP net income increased 42 percent quarter-over-quarter and 14 percent year-over-year to $60 million, or $0.33 per diluted share, and full-year GAAP net income increased 17 percent year-over-year to $201 million, or $1.07 per diluted share -- Fourth quarter normalized net income* increased 31 percent quarter-over-quarter and 9 percent year-over-year to $83 million, or $0.45 per diluted share, and full-year normalized net income* increased 5 percent year-over-year to $285 million, or $1.52 per diluted share -- Full-year cash from operations of $453 million: year-end cash, cash equivalents and marketable securities of over $1.2 billion

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Akamai Technologies, Inc. (NASDAQ: AKAM), the leading cloud platform for helping enterprises provide secure, high-performing user experiences on any device, anywhere, today reported financial results for the fourth quarter and full-year ended December 31, 2011. Revenue for the fourth quarter 2011 was $324 million, a

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