Akamai beats quarterly estimates on cloud infrastructure demand - Reuters News

- Akamai Technologies AKAM.O beat analysts' estimates for the second quarter on Thursday, supported by steady demand across its security and cloud infrastructure services portfolios, sending its shares up 10.5% in extended trading.

The company recorded cloud infrastructure services revenue of $99 million, up 39% over the year earlier.

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(Reporting by Arunesh Sinha; Editing by Shilpi Majumdar)