Akamai's Revenue up 16% YoY, Net Income Down 15%

Akamai reported revenue for the first quarter of 2012 of $319 million, a 16 percent increase over first quarter 2011 revenue of $276 million. Net income (GAAP) was $43 million, or $0.24 per diluted share, a 15 percent decrease from first quarter 2011 GAAP net income of $51 million, or $0.26 per diluted share, and a 28 percent decrease from fourth quarter 2011 GAAP net income of $60 million, or $0.33 per diluted share.
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