Fastly Rises 11% in a Month: Should Investors Buy the FSLY Stock? [Yahoo! Finance]
Fastly, Inc. Class A (FSLY)
Last fastly, inc. class a earnings: 2/20 04:05 pm
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Source: Yahoo! Finance
Fastly FSLY shares have returned 10.5% over the past month, outperforming the broader Zacks Computer & Technology Sector's decline of 2.6% and the Zacks Internet - Software industry's return of 0.8%. FSLY's positive share price movement has been driven by revenue growth, which increased 8% year over year to $132.4 million in the second quarter of 2024, exceeding its guidance midpoint ($130 million to $134 million). This was driven by 13% growth in Security revenues and 6% growth in Network services revenues. The year-over-year top-line growth highlights the success of its enhanced go-to-market strategy, improved customer acquisition and expanding sales through platform solutions. Customer acquisition efforts saw solid progress in the second quarter of 2024, with the enterprise customer count rising to 601, a sequential increase of 4%. On a year-over-year basis, FSLY grew its enterprise customer count by 50. At the end of the second of 2024, the total customer base reached 3,295
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FSLY
News
- Long Road to Recovery: Fastly Research Reveals Businesses Taking 25% Longer to Recover From Cybersecurity Incidents Than Expected [Yahoo! Finance]Yahoo! Finance
- Long Road to Recovery: Fastly Research Reveals Businesses Taking 25% Longer to Recover From Cybersecurity Incidents Than ExpectedBusiness Wire
- Fastly Named a Leader in IDC MarketScape for Worldwide Edge Delivery Services 2024 [Yahoo! Finance]Yahoo! Finance
- Fastly Named a Leader in IDC MarketScape for Worldwide Edge Delivery Services 2024Business Wire
- Fastly, Inc. (NYSE: FSLY) had its price target raised by analysts at DA Davidson from $5.50 to $7.50. They now have a "neutral" rating on the stock.MarketBeat
FSLY
Earnings
- 11/6/24 - Beat
FSLY
Sec Filings
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- FSLY's page on the SEC website