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INOD, FSLY, and AVAV post double-digit gains as AI infrastructure spending fuels momentum for these under-the-radar mid-caps.
SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #CDN--Fastly Research: Commerce Industry Attacks Double as Bots Represent More Than One-Third of All Traffic.
Cerby to use new capital to further innovate its entire solution suite and scale operations in North America and EMEA region. Round was led by DTCP with participation from Okta Ventures, Salesforce Ventures, and Two Sigma Ventures.
The current low-valuation of Internet-centric AI stocks provides good opportunity for investors. Five such stocks to buy are: ANET, FSLY, FIVN, HUBS, TWLO.
SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #CDN--Fastly Appoints Tara Seracka as Chief Legal Officer and Albert Thong as Chief Marketing Officer.
I'm upgrading Fastly to a neutral rating after the company showcased improving revenue growth trends. Q1 results showcased 8% y/y revenue growth, driven by improved sales processes and up from 2% in Q4. Fastly also raised its outlook for FY25, a rarity in this economy. The stock trades at a cheap ~2x forward revenue multiple.
Among the numerous tech sector winners this earnings season has been edge computing company Fastly (FSLY 26.62%). Buoyed by encouraging quarterly results and subsequent analyst price target bumps, the company's stock was up by a muscular 30% week to date as of early Friday morning, according to data compiled by S&P Global Market Intelligence.
Shares of Fastly (FSLY 23.71%), an edge-computing specialist, rose rapidly today after the company reported first-quarter sales and earnings that outpaced Wall Street's consensus estimates. A handful of analysts raised their price targets for Fastly stock as a result, boosting investor sentiment further.
Fastly, Inc. (NYSE:FSLY ) Q1 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants Vernon Essi - Investor Relations Todd Nightingale - Chief Executive Officer Ronald Kisling - Chief Financial Officer Conference Call Participants Param Singh - Oppenheimer Jonathan Ho - William Blair Sanjit Singh - Morgan Stanley Rishi Jaluria - RBC Capital Markets James Fish - Piper Sandler Rob Palmisano - Raymond James Rudy Kessinger - D.A. Davidson & Co. Operator Good afternoon.
Although the revenue and EPS for Fastly (FSLY) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.