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Fastly Jan-Mar 2021 Financial Results

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Have you heard of Fastly (ticker symbol: FSLY), a U.S. stock?

It is a content distribution network provider.

In this article, I would like to introduce the company’s financial results for the period from January to March 2021, which were announced on May 5, 2021.

January to March 2021

EPS is -12¢ versus -11¢ forecast.

Net sales were $84.85 million vs. $85.08 million expected.

Sales growth was +34.9% YoY.

The total number of customers was 2,207. Total customers were 2,207 compared to 2,084 in the same period last year.

The number of enterprise customers was 336. In the same period last year, the number was 324.

The average revenue of enterprise customers was $800,000. The average revenue of enterprise customers was $800,000, compared to $782,000 in the same period last year.

Enterprise customers accounted for 90 percent of revenue. In the same period last year, it was 89%.

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