Table of Contents
SECURITIES AND EXCHANGE COMMISSION
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report: December 8, 2003
(Date of earliest event reported)
AKAMAI TECHNOLOGIES, INC.
| Delaware | 0-27275 | 04-3432319 | ||
|
|
||||
| (State or Other Jurisdiction of Incorporation) |
(Commission File Number) | (IRS Employer Identification No.) |
8 Cambridge Center, Cambridge, Massachusetts 02142
(Address of Principal Executive Offices) (Zip Code)
Registrant’s telephone number, including area code: (617) 444-3000
| Item 9. Regulation FD Disclosure | ||||||||
| SIGNATURE | ||||||||
| EX-99.1 PRESS RELEASE DATED 12-8-2003 | ||||||||
Table of Contents
Item 9. Regulation FD Disclosure
On December 8, 2003, Akamai Technologies, Inc. issued a press release in which it affirmed certain financial guidance for the fourth quarter ending December 31, 2003 that was previously issued in connection with its third quarter investor conference call. The full text of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
The information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Table of Contents
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: December 8, 2003 | AKAMAI TECHNOLOGIES, INC | |||
| By: | /s/ Robert Cobuzzi | |||
| Robert Cobuzzi, Chief Financial Officer | ||||
EXHIBIT INDEX
| Exhibit No. | Description | |
| 99.1 | Press release dated December 8, 2003 |
FOR IMMEDIATE RELEASE
| Contacts: | ||||
| Jeff Young | Sandy Smith | |||
| Media Relations | Investor Relations | |||
| Akamai Technologies | —or— | Akamai Technologies | ||
| 617-444-3913 | 617-444-2804 | |||
| jyoung@akamai.com | ssmith@akamai.com |
AKAMAI UPDATES GUIDANCE FOR FOURTH QUARTER AND FULL YEAR 2003
CAMBRIDGE, Mass. – December 8, 2003 – Akamai Technologies, Inc. (NASDAQ: AKAM), the world’s largest on demand distributed computing platform for conducting profitable e-business, announced today that it expects that revenue for the fourth quarter 2003 will be in the range of $43.0-45.0 million, an increase of more than 20 percent over fourth quarter 2002 revenue of $35.4 million.
The company also announced that based on the fourth quarter 2003 forecast, it expects annual 2003 revenue to be in the range of $159.0-161.0 million, compared with full-year 2002 results of $145.0 million.
This updates revenue guidance provided by the Company on October 29, 2003. At that time, the Company provided guidance that revenue for the fourth quarter was forecasted to be in a range of $42.0-$44.0 million, and that annual 2003 revenue would be in the range of $158.0 — $160.0 million.
“We believe we are on track for another successful quarter of strong sequential revenue growth while keeping spending under tight control. This follows our third quarter’s results, which were the best in the company’s five-year history,” said George Conrades, chairman and CEO of Akamai. “In the fourth quarter to date, we are experiencing strong demand by our customers for our services in all areas, including an increase in holiday season e-commerce-related traffic.”
About Akamai
Akamai® – The Business Internet, is the world’s largest on demand distributed computing platform for conducting profitable e-business. Overcoming the inherent limitations of the Internet, Akamai’s services ensure a high-performing, scalable, and secure environment for organizations to cost effectively extend and control their e-business infrastructure. Headquartered in Cambridge, Massachusetts, Akamai’s industry-leading services, matched with world-class customer care, are used by hundreds of today’s most successful enterprises and government agencies around the globe. For more information, visit www.akamai.com.
# # #
Akamai Statement Under the Private Securities Litigation Reform Act
The release contains information about future expectations, plans and prospects
of Akamai’s management that constitute forward-looking statements for purposes
of the safe harbor provisions under The Private Securities Litigation Reform
Act of 1995, including statements with respect to Akamai’s expectations as to
financial results. Actual results may differ materially from those indicated
by these forward-looking statements as a result of various important factors
including, but not limited to, unexpected loss of key large customers or a
significant number of other customers, the effects of any attempts to
intentionally disrupt our services or network by hackers or others, failure to
have available sufficient transmission capacity, unexpected limitations on our
ability to recognize revenues, issues that arise in connection with the closing
of Akamai’s books and records and other factors that are discussed in the
Company’s Annual Report on Form 10-K, quarterly reports on Form 10-Q, and other
documents periodically filed with the SEC.
In addition, the statements in this press release represent Akamai’s expectations and beliefs as of the date of this press release. Akamai anticipates that subsequent events and developments may cause these expectations and beliefs to change. However, while Akamai may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Akamai’s expectations or beliefs as of any date subsequent to the date of this press release.