Akamai Technologies Inc (NAS:AKAM)

$ 96.97 -0.99 (-1.01%) Market Cap: 14.72 Bil Enterprise Value: 17.67 Bil PE Ratio: 28.98 PB Ratio: 3.08 GF Score: 91/100

Akamai Technologies Inc at Deutsche Bank Media, Internet & Telecom Conference Transcript

Mar 09, 2020 / 07:50PM GMT

Release Date Price: $82.62 (-8.83%)

Transcript

Matthew Niknam

Deutsche Bank AG, Research Division - Director

Okay. Thanks, everyone, for joining us. This is Matt Niknam, Communications Analyst at Deutsche Bank. We are very pleased to be joined by Akamai's Head of Investor Relations, Tom Barth. Tom, thank you very much for joining us.

Tom Barth

Akamai Technologies, Inc. - Head of IR

Thank you, Matt, and thank you, everyone.

Questions & Answers

Matthew Niknam

Deutsche Bank AG, Research Division - Director

Okay. Great. So maybe just to get started, high-level question, Tom, maybe if you can talk about some of the top priorities for Akamai in 2020?

Tom Barth

Akamai Technologies, Inc. - Head of IR

Well, certainly. So again, over the last couple of years, we've been talking a lot about margin appreciation. And at the end of 2019 over '17, we gave the Street about 5 points of operating margin expansion, and we've been very vocal about trying to attain 30%. We've given such guidance for 2020. So 6 points of

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