Keep a close eye on Akamai Technologies, Inc. (AKAM, Financial). The company reported strong quarterly performance on its financial results that capped off a record year on both the top and bottom line.
For the fourth quarter 2014, AKAM posted revenue of $536 million, a 23% increase year over year, and non-GAAP net income of $127 million, or $0.70 per diluted share (excluding non-recurring items), compared to non-GAAP net income of $100 million, or $0.55 per diluted share in the same period the prior year, these results better than the Capital IQ Consensus Estimate of $0.63 earnings per share on revenues of $526.83 million for the period.
For the full year 2014, AKAM's revenue surged 24% to $1.96 billion, and its non-GAAP net income increased 22% to $449 million, or $2.48 per diluted share, both compared to full year 2013.
AKAM is the leading provider of Cloud services for delivering, optimizing and securing online content and business applications.
More about Akamai Technologies, Inc. (AKAM, Financial) at www.akamai.com
**
Shares of First Solar Inc. (FSLR, Financial) surged in after-hours trading on Tuesday following the announcement of the first wholesale commercial and industrial power purchase (PPA) agreement executed by the company.
FSLR said that Apple Inc. (AAPL, Financial)Â has committed $848 million for clean energy from its California Flats Solar Project in Monterey County, Calif., which construction is expected to begin in mid-2015, and to be completed by the end of 2016.
The deal marks the largest agreement in the industry to provide clean energy to a commercial end user.
According to FSLR, Apple will get 130 megawatts (MW)AC of the solar project under a 25-year PPA, the remaining 150 MW of the project will be sold to California utility PG&E Corporation (PCG, Financial) under a separate long-term PPA, and the project is fully subscribed between the Apple and PG&E PPAs.
FSLR is a leading global provider of comprehensive photovoltaic (PV) solar systems which use its advanced module and system technology.
More about First Solar Inc. (FSLR, Financial) at www.firstsolar.com.
On Tuesday, AAPL stock closed at $122.02, up $2.30 (or +1.92%), and Apple became the first U.S. company to close with a market capitalization above $700 billion.
Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and professional software. The company leads the digital music revolution with its iPods and iTunes online store. It has reinvented the mobile phone with its revolutionary iPhone and App Store, and is defining the future of mobile media and computing devices with iPad
More about Apple Inc. (AAPL, Financial) at www.apple.com
**
Crown Equity Holdings Inc. (CRWE, Financial) provides marketing solutions that boost customer awareness and merchant visibility on the Internet. The company is currently developing its CRWE Network (www.CRWE-PR.com), a growing network of community targeted sites.
It has recently included Fairfield, California (www.fairfield.crwe-pr.com) into the CRWE Network.
Fairfield is the seat of Solano County, California. The city is located in the northern part of the state. Affordable housing, good schools and close proximity to many of the San Francisco Bay Area’s world-famous destinations make Fairfield attractive for employers and workers.
The City of Fairfield had an estimated population in 2013 (U.S. Census Bureau) of 109,320, and represents an important marketplace for the CRWE Network, which business model is based on selling advertising to businesses targeting both locally and nationally.
The CRWE Network has reached the 1487th community website in the U.S. and includes coverage in the states of California, Mississippi, Michigan, Florida, Nevada and New York, as well as across 10 provinces in Canada.
The company’s CRWE Press Release ( www.crwepressrelease.com ) offers increased visibility with cost effective solutions through the distribution of information to the entire CRWE Network for both public and private companies.
More about Crown Equity Holdings Inc. (CRWE, Financial) at www.crownequityholdings.com
**
Disclaimer: CRWE-PR Finance is not a registered investment adviser. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Investors should always conduct their own due diligence with any potential investment, with independent research and other professional advice. Read Full Disclaimer at CRWE-PR Finance www.finance.crwe-pr.com/disclaimer
