SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Gorilla and King Portfolio candidates - Moderated
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: stockman_scott who wrote (2710)2/3/2010 9:11:32 PM
From: Uncle Frank1 Recommendation  Read Replies (2) of 2955
 
Tech Trader
Daily News, analysis and insights from Barron's Silicon Valley bureau.
February 3, 2010, 4:36 PM ET.

Akamai Q4 Tops Street; CEO Sagan “Cautiously Optimistic” On 2010.Cisco FY Q2 Beats The Street; Revs $9.8B; Non-GAAP EPS 40 Cents; Plans 2,000-3,000 Hires; Sees Q3 Revs Up 23%-26%

The content delivery network company reported revenue of $238.3 million and normalized profits of 46 cents a share; the Street had expected the content delivery network operator to report $233.5 million and 43 cents.

In a brief interview this afternoon, Akamai CEO Paul Sagan noted that the company saw a strong pick-up in business in the second half of last year, noting that “when businesses realized the world was not coming to an end, and they needed to spend online.” Sagan noted that the company saw strength in digital media and e-commerce, as well as in software distribution and could computing. The company’s nascent advertising business also had a strong quarter, he added.

Sagan says he is “cautiously optimistic” about 2010, due to three key trends:

A move to more HD video online.
“A flood of ads following eyeballs online.” He says the audience has shifted ahead of marketing spending, and predicts there will be a particular need for more accountable display ads online.
And finally, growing adoption of hybrid public/private cloud computing models.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News