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Growth in online gaming, video watching boosts Akamai

02
May
2014

Akamai Technologies Inc, which hosts content for companies on its servers, forecast current-quarter results above analysts’ estimates and it posted better-than-expected quarterly results as more people play games and watch videos online. Shares of Akamai, whose customers include Facebook Inc, Apple Inc, Nintendo Co and Comcast’s NBC, rose 4 percent in extended trading. “We got a bunch of live events, generally of short duration, but had a lot bit more traffic than expected …,” Akamai Chief Executive Tom Leighton told Reuters on Thursday. Akamai saw strong growth in software downloads and online gaming in the first quarter ended March 31, the company said in a post-earnings conference call.

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