Shares of content networking pioneer Akamai Technology (AKAM) are up $3.00, almost 9%, at $37.44 in late trading after the company this afternoon reported Q4 revenue and profit per share ahead of analysts’ expectations, and said it named a new chief financial officer.
Revenue in the three months ended in December rose to $324 million, yielding EPS of 45 cents.
Analysts had been expecting $311.9 million in revenue and 40 cents a share.
The company appointed James Benson, a former CFO for Hewlett-Packard‘s (HPQ) Americas business, as its new chief financial officer, it said.
Akamai will host a conference call with analysts at 4:30 pm, Eastern time, and you can catch the webcast of it here.
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