Akamai (NASDAQ:AKAM) shares surged this morning after the company reportedly posted better than expected 4th quarter earnings. GAAP net income for the 4th quarter increased 42% over last year to $0.33 per diluted share. Revenue for the 4th quarter jumped 14% to $324 million. This compares to$285 million from last year's 4th quarter.
Sirius XM Radio (NASDAQ:SIRI) posted 4th quarter GAAP profit of $0.01 per diluted share. That was up from a loss of $0.02 in last year's 4Q. That result was reportedly in line with analysts estimates, but the stock is pulling back a bit this morning, down about 2-1/2%.
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