|Bid||0.00 x 800|
|Ask||0.00 x 1000|
|Day's range||43.94 - 46.25|
|52-week range||39.47 - 136.50|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||26 Oct 2021 - 01 Nov 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||56.22|
In our second quarter, we managed through a significant outage that impacted our Q2 results and saw several customers delay their launch of new products, which will delay the timing of traffic coming on to our platform. Before we further discuss our strategy, I would like to discuss the outage and customer delays. The outage resulted from an undiscovered software bug that was triggered by a valid customer configuration change.
Fastly (FSLY) delivered earnings and revenue surprises of 11.76% and -1.14%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Shares of edge computing specialist Fastly (NYSE: FSLY) fell sharply on Wednesday. Analysts, on average, expect Fastly's revenue to grow 14.8% year over year to $85.7 million. Expectations imply a significant revenue growth deceleration from Fastly.