Akamai’s Q1 Internet Traffic Peaked at More Than Double Rate of 2019 Quarter
Internet use during the COVID-19 is “at a scale that the world has never experienced,” said Akamai CEO Tom Leighton on a Q1 investor call Tuesday. Traffic on the Akamai platform increased by about 30% over a four-week period at…
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the end of Q1, he said. It peaked at 167 terabits per second during the quarter, more than double the peak of Q1 2019, he said. Q1 revenue in Akamai’s media division jumped 8% to $358 million, said Chief Financial Officer Ed McGowan. The “outperformance” in media was mainly due to the “surge” in traffic from over-the-top video, gaming, social media and news and information sites, “as more and more people around the world began to shelter in place,” he said.