Akamai Technologies, Inc. (NASDAQ: AKAM) reported its third quarter earnings on Wednesday. Shares of the company are up 5 percent. Q3 was another excellent quarter for Akamai, with revenues and earnings both exceeding the high end of our guidance range. Revenue in the third quarter was a record $498 million. That's up 26% over Q3 of 2013. Our strong financial results continue to be driven by solid performance across all of our geographies and all of our major product lines. Significant growth coming from our security and media products. Our overachievement on the top line was led by better than expected traffic and revenue growth from our Media Delivery Solutions. Non-GAAP EPS was $0.62 per diluted share, a 24% increase year over year. Our overachievement on the bottom line was driven by higher than expected revenue, continued strong operational execution, and a favorable change in our tax rate change. Akamai Technologies, Inc. (NASDAQ:AKAM) belongs to Technology sector. Its net profit margin is 17.00% and weekly performance is 4.34%. On last trading day company shares ended up $59.63. Akamai Technologies, Inc. (NASDAQ:AKAM) distance from 50-day simple moving average (SMA50) is 1.04%. Marathon Oil Corporation (NYSE:MRO) said in its quarterly report double digit production growth from North American shale basins wasn't enough of a buffer against low oil prices. Marathon Oil Corporation (NYSE:MRO) shares fell -3.50% in last trading session and ended the day at $33.36. MRO Gross Margin is 65.60% and its return on assets is 7.30%. Marathon Oil Corporation (NYSE:MRO) quarterly performance is -13.84%. Fortinet Inc. (NASDAQ:FTNT) has received a consensus rating of “Buy” from the twenty-one ratings firms that are currently covering the company. On 04 November, Fortinet Inc. (NASDAQ:FTNT) shares moved up 0.38% and was closed at $26.42. FTNT EPS growth in last 5 year was 91.90%. Fortinet Inc. (NASDAQ:FTNT) year to date (YTD) performance is 38.11%. Thermon Group Holdings, Inc. (NYSE: THR) ("Thermon" or the "Company") today announced consolidated financial results for the second quarter of the fiscal year ending March 31, 2015 ("Q2 2015"). In Q2 2015, the Company generated revenue of $79.0 million compared to $72.8 million in Q2 2014, reflecting growth of $6.2 million or 9%. In both Q2 2015 and Q2 2014, the mix of MRO/Greenfield revenue was approximately 62% MRO/UE and 38% Greenfield. In Q2 2015, Greenfield revenue grew 8% or $2.1 million as compared to Q2 2014. Foreign currency negatively impacted revenue by $1.2 million or 2%, primarily attributable to the appreciation of the U.S. Dollar relative to the Canadian Dollar. Thermon Group Holdings, Inc. (NYSE:THR) ended the last trading day at $25.36. Company weekly volatility is calculated as 3.53% and price to cash ratio as 10.50. Thermon Group Holdings, Inc. (NYSE:THR) showed a weekly performance of 8.70%. The Wendy's Company (NASDAQ:WEN) will release its third-quarter 2014 results before the market opens on Thursday, November 6. The Wendy's Company (NASDAQ:WEN) shares moved up 1.18% in last trading session and ended the day at $8.15. WEN Gross Margin is 21.00% and its return on assets is 2.50%. The Wendy's Company (NASDAQ:WEN) quarterly performance is 2.71%.
Discover Hidden Gems
Don't miss the next big opportunity. Subscribe for timely alerts on potential market movers.
