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FSLY

Fastly Inc.

Logo Fastly Inc.

Technology

Computer Software: Prepackaged Software

Nasdaq

as 04-16-2024 4:00pm EST

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Fastly operates a content delivery network, which is necessary for entities to provide faster and more reliable online content. Fastly's strategy differs from traditional CDNs, which focus on locating servers in as many locations as possible to store copies of files that consumers most use. Fastly is in far fewer sites than traditional CDNs, but it houses servers in the most network-dense data centers. Instead of simply storing static content, it allows its customers to program on its platform, enabling edge computing and better service of the more dynamic content that was traditionally not well served by CDNs. Fastly gears its service to the largest, most sophisticated enterprises rather than small companies and generated nearly three fourths of its revenue in the United States in 2022.

Founded: 2011 Country:
United States
United States
Employees: N/A City: SAN FRANCISCO
Market Cap: 1.9B IPO Year: 2019
Target Price: $19.00 AVG Volume (30 days): 4.3M
Analyst Decision: Buy Number of Analysts: 9
Dividend Yield: N/A Dividend Payout Frequency: N/A
EPS: -1.03 EPS Growth: N/A
52 Week Low/High: $11.61 - $25.87 Next Earning Date: 05-01-2024
Revenue: $505,988,000 Revenue Growth: 16.93%
Revenue Growth (this year): 17.89% Revenue Growth (next year): 15.72%

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