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home / news releases / FSLY - Fastly: On The Upswing

FSLY - Fastly: On The Upswing

Fastly Inc. Class A

2023-03-26 07:55:27 ET

Summary

  • Shares of Fastly have doubled this year as investors have regained confidence in the company's growth story.
  • Even amid macro pressure, Fastly is achieving double-digit revenue growth with high 120%+ dollar-based net retention rates.
  • It is also optimizing its network and consolidating hardware spend in order to achieve meaningful gains to gross margin.
  • Still trading at just over 4x forward revenue, Fastly still has plenty of room to drive higher.

For further details see:

Fastly: On The Upswing
Stock Information
Company Name: Fastly Inc. Class A
Stock Symbol: FSLY
Market: NYSE
Website: fastly.com
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