Akamai Technologies, Inc. (AKAM) Q3 2022 Earnings Call Transcript

Akamai Technologies, Inc. (NASDAQ:AKAM) Q3 2022 Earnings Conference Call November 8, 2022 4:30 PM ET

Company Participants

Tom Barth - Head, IR

Thomson Leighton - Co-Founder, CEO & Director

Edward McGowan - CFO

Conference Call Participants

Keith Weiss - Morgan Stanley

James Fish - Piper Sandler

Frank Louthan - Raymond James & Associates

Sonak Kolar - JPMorgan Chase & Co.

Charles Erlikh - Robert W. Baird & Co.

Rudy Kessinger - D.A. Davidson & Co.

Tom Blakey - Truist Securities

Michael Elias - Cowen

Amit Daryanani - Evercore ISI

Tim Horan - Oppenheimer

Alexander Henderson - Needham & Company

James Breen - William Blair & Company

Operator

Good day, and welcome to the Akamai Technologies Third Quarter 2022 Earnings Conference Call. [Operator Instructions].

I would now like to turn the conference over to Tom Barth, Head of Investor Relations. Please go ahead, sir.

Tom Barth

Thank you, operator. Good afternoon, everyone, and thank you for joining Akamai's Third Quarter 2022 Earnings Call. Speaking today will be Tom Leighton, Akamai's Chief Executive Officer; and Ed McGowan, Akamai's Chief Financial Officer.

Please note that today's comments include forward-looking statements, including statements regarding revenue and earnings guidance. These forward-looking statements are subject to risks and uncertainties and involve a number of factors that could cause actual results to differ materially from those expressed or implied by such statements. The factors include any impact from macroeconomic trends, the integration of any acquisitions and any impact from geopolitical developments.

Additional information concerning these factors is contained in Akamai's filings with the SEC, including our annual report on Form 10-K and quarterly reports on Form 10-Q. The forward-looking statements included in this call represent the company's view on November 8, 2022. Akamai disclaims any obligation to update these statements to reflect new information, future events or circumstances, except as required by law.

As a reminder, we'll be referring to some non-GAAP financial metrics during today's call. A detailed reconciliation of GAAP and non-GAAP metrics can be found under the financial portion of the Investor Relations section of akamai.com.

And with that, let me turn the call over to Tom.

Thomson Leighton

Thanks, Tom, and thank you all for joining us today. I'm pleased to report that Akamai delivered strong results in the third quarter despite the ongoing challenges with the global economic environment and the effects of a strong U.S. dollar.