Fastly Inc. Stock
€11.94
Your prediction
Fastly Inc. Stock
Fastly Inc. is a publicly traded American cloud computing services provider that offers an edge cloud platform, designed to deliver content and application programming interfaces to internet end-users. Fastly operates a highly scalable and agile infrastructure that enables its customers to accelerate the delivery of their content across the globe while improving the performance, security, and reliability of their digital applications. Fastly's customers include some of the industry's leading brands across various sectors, including e-commerce, media and entertainment, technology, and financial services. The company went public in 2019, and its stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol "FSLY."
Pros and Cons of Fastly Inc. in the next few years
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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Upon first glance, the financials of Fastly Inc., a company in the industry, exhibit a mix of positive and negative aspects. It seems important to consider the various elements of the financial statements and delve deeper into the specific details to better understand the company's financial health.
Total Assets Growth: Over the past three years, Fastly Inc. has shown a significant increase in its total assets. From $1,162,596,000 in 2020, the company's total assets grew to $2,159,020,000 in 2021 and then reached $1,896,113,000 in 2022.
Total Revenue Growth: Another positive aspect is the gradual growth of the company's total revenue year over year. Starting with $290,874,000 in 2020, Fastly Inc. saw an increase to $354,330,000 in 2021 and $432,725,000 in 2022.
