|Bid||48.73 x 1000|
|Ask||49.00 x 1000|
|Day's Range||49.04 - 51.09|
|52 Week Range||39.47 - 136.50|
|Beta (5Y Monthly)||1.10|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 04, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||56.22|
Fastly (FSLY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Shares of Fastly (NYSE: FSLY) were rising 3.2% heading into midday Wednesday after the content delivery network (CDN) provider announced it was making available a beta version of its Signal Sciences agent on its edge cloud platform. Fastly wants developers to be able to protect their apps and application programming interfaces (APIs) regardless of where they're found -- whether in the cloud, onsite, in a hybrid environment, or at the network edge. Edge computing allows data center processing to be relocated to the device (or to the "edge," as it were), where real-time processing can occur, allowing for faster response times.
SAN FRANCISCO, July 28, 2021--Fastly, Inc. (NYSE: FSLY), a global edge cloud platform provider, today announced beta availability of the Signal Sciences agent on the Fastly edge cloud platform. This represents a critical milestone toward Fastly’s vision of empowering developers to protect apps and APIs in every environment—cloud, on-premise, hybrid and now at the network edge. With this integration, customers will be able to leverage the powerful signal technology to write and push out rules in