February 07, 2013 at 12:01 PM EST
Akamai's Outlook Falls Short
Akamai Technologies Inc. (Nasdaq: AKAM) reported higher fourth quarter earnings of 38 cents per share compared with 33 cents per share in the year ago period but revenue fell short of expectations and the company forecast current quarter revenue below estimates. Shares of the Internet content delivery services provider plummeted $6.66 to $34.92.
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