Akamai to Hold First Quarter 2018 Investor Conference Call on Monday, April 30th, at 4:30 PM EDT
Akamai Makes Available Financial Results for 2017 and 2016 Reflecting the New Revenue Recognition Standard
Akamai Technologies, Inc. (NASDAQ: AKAM), the world’s largest and most trusted cloud delivery platform, announced today that the company will hold a conference call for investors on Monday, April 30th, 2018, at 4:30 p.m. EDT. The call will include the company’s first quarter 2018 financial results and may include forward-looking financial guidance from management. The call will also be broadcast live via the Internet at Akamai’s Investor Relations page.
The live dial-in information for the conference call is:
U.S. only: (844) 578-9671
International: (508) 637-5655
Conference ID: 4695086
In addition, a replay of the call will be available for two weeks following the conference by calling 1-855-859-2056 (or 1-404-537-3406 for international calls) and using Conference ID: 4695086. The archived webcast of this event may be accessed through the Akamai Website.
Effective January 1, 2018, the company adopted the pronouncements of the new revenue recognition standard, Accounting Standards Codification No. 606, Revenue from Contracts with Customers. The company adopted the standard on a retrospective basis and has revised its results of operations for the years ended December 31, 2017 and 2016, and each of the quarterly periods therein. The revisions did not have a material impact to the Company results of operations. In order to facilitate review of the restated results, today the company posted the required revisions to its consolidated statements of income and other key disaggregated revenue amounts to the Investor Relations section of its website.
Akamai powers and protects life online. Leading companies worldwide choose Akamai to build, deliver, and secure their digital experiences — helping billions of people live, work, and play every day. With the world’s most distributed compute platform — from cloud to edge — we make it easy for customers to develop and run applications, while we keep experiences closer to users and threats farther away. Learn more about Akamai’s security, compute, and delivery solutions at akamai.com and akamai.com/blog, or follow Akamai Technologies on Twitter and LinkedIn.
Akamai Statement Under the Private Securities Litigation Reform Act
The release contains information about future expectations, plans and prospects of Akamai Technologies, Inc.'s management that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, the effects of any unexpected difficulty in closing our financial books for the quarter and other factors that are discussed in the Company’s Annual Report on Form 10-K, quarterly reports on Form 10-Q, and other documents periodically filed with the SEC.