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Material changes to any one of the exclusions could have a significant effect on our guidance and future GAAP results.The non-GAAP adjustments, and Akamai's basis for excluding them from non-GAAP financial measures, are outlined below:The non-GAAP financial measures do not replace the presentation of Akamai's GAAP financial results and should only be used as a supplement to, not as a substitute for, Akamai's financial results presented in accordance with GAAP. "We believe this acquisition is a key investment in our security capabilities because Nominum will bring complementary technology, engineering, technical support and sales talent to better reach and serve our carrier partners and their enterprise customers. Akamai reiterates its intention to manage the Company’s EBITDA margins within its previously stated range of mid-30s while it integrates Nominum. Akamai expects the acquisition to be dilutive to non-GAAP earnings in the fiscal fourth quarter and 2018 due to integration costs and the impact purchase accounting has on revenue recognition. Akamai expects the acquisition to be accretive in 2019. These products will be designed to more effectively identify, block, and mitigate cybersecurity threats such as malware, ransomware, phishing, and data exfiltration.Akamai provides forward-looking statements in the form of guidance. On October 11, 2017, Akamai … CAMBRIDGE, Mass., Nov. 27, 2017 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM) today announced the company has completed its acquisition of Nominum, a provider of DNS-based security solutions supporting many of the world's leading carriers. In addition, from time to time, Akamai excludes certain items that occur infrequently, which are also inherently difficult to predict and estimate. It is also difficult to predict the tax effect of the items we exclude and to estimate certain discrete tax items, like the resolution of tax audits or changes to tax laws. Acquired Organization: Nominum Nominum provides DNS software & applications for top telecom providers to deliver superior performance, security, controls & communications.
Akamai expects the acquisition to be accretive in 2019.Learn how our customers succeed with Akamai.Give our most popular products a try. For example, stock-based compensation is unpredictable for Akamai's performance-based awards, which can fluctuate significantly based on current expectations of future achievement of performance-based targets.
CAMBRIDGE, Mass., Nov. 27, 2017 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM) today announced the company has completed its acquisition of Nominum, a provider of DNS-based security solutions supporting many of the world's leading carriers. There’s no commitment.Management believes that these non-GAAP financial measures reflect Akamai's ongoing business in a manner that allows for meaningful comparisons and analysis of trends in the business, as they facilitate comparing financial results across accounting periods and to those of peer companies. By combining Nominum’s carrier-grade cybersecurity solutions with Akamai’s enterprise security offerings and threat intelligence, Akamai intends to serve a larger base of carrier and enterprise customers with more comprehensive security products. Carriers and enterprises are increasingly targeted by attackers attempting to exploit weaknesses and gaps in cybersecurity defenses. Amortization of intangible assets, acquisition-related costs and restructuring costs are all impacted by the timing and size of potential future actions, which are difficult to predict. November 27, 2017 at 4:10 PM EST. Our team provides unrivaled expertise and support to keep your business running smoothly 24/7.Learn how you can better deliver fast, personalized online experiences with research, data, and news straight from our experts.The State of the Internet series provides expert insights on the cloud security and web performance landscape, based on data gathered from the Akamai Intelligent Edge Platform.Stay updated with the latest threat intelligence, real-time data, security reports, and cybersecurity research.Automate your workflow with Akamai’s Intelligent Edge Platform.Want to get in touch with us?