Shorts and Options traders rules AKAM, Even the numbers are good it went down !
Results: Net income increased 63.12% to $98 million (54 cents per diluted share) in the quarter versus a net gain of $60.08 million in the year-earlier quarter.
Revenue: Rose 16.76% to $378 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Akamai Technologies Inc. reported adjusted net income of 54 cents per share. By that measure, the company beat the mean analyst estimate of $0.47. It beat the average revenue estimate of $370.11 million.