Akamai Technologies 3Q Results Beat Estimates - TheStreet

Akamai Technologies

(AKAM) - Get Report

reported a narrower than expected loss for the third quarter.

The company, a content delivery service provider, reported a normalized loss for the quarter, before equity related noncash compensation costs and the amortization of intangible assets, of $55.7 million, or 60 cents a share. Wall Street was expecting the company to lose 68 cents a share for the quarter, according to a

First Call/Thomson Financial

survey of 17 analysts.

Revenue for the quarter rose to $27.2 million, from $18.1 million in the second quarter, and from $900,000 in the third quarter a year ago.