4 Red Flags for Fastly's Future
Fastly's (NYSE: FSLY) stock price plunged 27% during after-hours trading on Feb. 16 after the cloud computing services provider posted its fourth-quarter earnings report. Its revenue rose 18% year over year to $97.7 million, which beat estimates by $5.2 million. Its adjusted net loss widened from $10.5 million to $11.7 million, or $0.10 per share, but topped expectations by six cents.
Those headline numbers look decent, but a deeper dive into the report reveals four bright red flags for the company's future.
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Source Fool.com