Fastly (NYSE:FSLY – Get Free Report) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of ($0.07) per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.
Fastly (NYSE:FSLY – Get Free Report) last posted its quarterly earnings data on Wednesday, February 14th. The company reported ($0.26) EPS for the quarter, beating analysts’ consensus estimates of ($0.31) by $0.05. The company had revenue of $137.78 million during the quarter, compared to the consensus estimate of $139.25 million. Fastly had a negative net margin of 26.30% and a negative return on equity of 16.02%. On average, analysts expect Fastly to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
Fastly Stock Up 2.8 %
FSLY opened at $12.89 on Wednesday. The firm has a 50 day moving average price of $13.69 and a 200 day moving average price of $16.40. The company has a market cap of $1.73 billion, a PE ratio of -12.39 and a beta of 1.22. Fastly has a 1 year low of $11.61 and a 1 year high of $25.87. The company has a debt-to-equity ratio of 0.35, a quick ratio of 3.14 and a current ratio of 3.14.
Wall Street Analyst Weigh In
Check Out Our Latest Report on Fastly
Insiders Place Their Bets
In other Fastly news, CFO Ronald W. Kisling sold 7,486 shares of the company’s stock in a transaction that occurred on Tuesday, April 16th. The stock was sold at an average price of $13.00, for a total value of $97,318.00. Following the completion of the transaction, the chief financial officer now owns 632,736 shares in the company, valued at approximately $8,225,568. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, CFO Ronald W. Kisling sold 7,486 shares of the stock in a transaction that occurred on Tuesday, April 16th. The stock was sold at an average price of $13.00, for a total transaction of $97,318.00. Following the completion of the transaction, the chief financial officer now directly owns 632,736 shares in the company, valued at approximately $8,225,568. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Artur Bergman sold 21,875 shares of the stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $25.19, for a total value of $551,031.25. Following the transaction, the insider now owns 6,050,259 shares of the company’s stock, valued at $152,406,024.21. The disclosure for this sale can be found here. Insiders sold a total of 221,076 shares of company stock worth $3,620,434 in the last 90 days. 7.60% of the stock is owned by company insiders.
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.
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