(VIANEWS) - The NYSE ended the session with Fastly jumping 10.54% to $17.88 on Monday, after five successive sessions in a row of losses. NYSE rose 0.71% to $16,877.65, following the last session's upward trend on what was a somewhat positive trend exchanging session today.
Fastly's last close was $16.17, 33.48% below its 52-week high of $24.31.
About Fastly
Fastly, Inc. operates an edge cloud platform for processing, serving, and securing its customer's applications in the United States, the Asia Pacific, Europe, and internationally. The edge cloud is a category of Infrastructure as a Service that enables developers to build, secure, and deliver digital experiences at the edge of the internet. It is a programmable platform designed for web and application delivery. The company offers Compute@Edge; network services to speed up and optimize the delivery of web and application traffic; device detection and geolocation; content delivery network, such as dynamic site acceleration, origin shield, instant purge, surrogate keys, programmatic control, content compression, reliability, and modern protocols and performance services; and streaming solutions and services, including live streaming and media shield. It also provides edge security solutions, such as DDoS protection, next-gen WAF, bot protection, API and ATO protection, advanced rate limiting, and compliance services; transport layer security (TLS) and platform TLS; and origin connect. In addition, the company offers edge applications, such as load balancers and image optimizers; video on demand; and edge delivery services. It serves customers operating in digital publishing, media and entertainment, technology, online retail and education, SaaS, travel and hospitality, and financial services industries. The company was formerly known as SkyCache, Inc. and changed its name to Fastly, Inc. in May 2012. Fastly, Inc. was incorporated in 2011 and is headquartered in San Francisco, California.
Earnings Per Share
As for profitability, Fastly has a trailing twelve months EPS of $-1.24.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is negative -16.16%.Volume
Today's last reported volume for Fastly is 1825960 which is 31.49% below its average volume of 2665490.
Revenue Growth
Year-on-year quarterly revenue growth grew by 17.8%, now sitting on 487.53M for the twelve trailing months.
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