Fastly Earnings: Why Investors Should Watch Customer Growth and Retention
Fastly's (NYSE: FSLY) edge cloud platform allows enterprises to deliver content and process data at the network edge (close to where the data is generated). This creates a fast, reliable experience for end users while reducing costs and enhancing security for Fastly's customers.
Like many young tech companies, Fastly is currently unprofitable and faces intense competition from larger, more established rivals. Moreover, the stock is up 350% in the last 12 months, driven by the rapid push toward digitization and edge computing. Put simply, Wall Street will be expecting stellar results. But rather than get too caught up in quarterly guidance, investors should focus their attention where it matters most. Here are two metrics to watch when Fastly announces earnings on Wednesday, Feb. 17.
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Source Fool.com
