Akamai Technologies (AKAM) beat Wall Street earnings and revenue estimates in the third quarter, but light fourth quarter guidance and worries about media internet traffic has traders slamming the stock today. Akamai, down 17% at last check, posted third quarter adjusted earnings of $.62 a share on revenue of $551 million. Wall Street analysts were looking for $0.58 on sales of $550 million. Last year, the content delivery company earned $.62 per share on revenue of $498 million. Cash from operations in the third quarter was $183 million, or 33% of revenue. Akamai also had $1.5 billion in cash as of September 30. Furthermore, Akamai spent $76 million to repurchase 1.1 million shares of its common stock at an average price of $72.02 per share. Unfortunately, the stock plummeted when Akamai said on the conference call it sees fourth-quarter earnings of $.60 to $.64, lower than Wall Street’s estimate of $.66. Also, the company now expects fourth-quarter revenue of $557 million to $577 million compared to Wall Street’s forecast $597 million. 'A few of our largest media accounts, which have a lot of revenue, we project them to have less traffic in Q4, possibly extending into 2016 and so that means less revenue for Akamai in those accounts,' said the company’s CEO Tom Leighton.