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Content Delivery Q4 Earnings: Fastly (NASDAQ:FSLY) is the Best in the Biz [Yahoo! Finance]
Last akamai technologies, inc. earnings: 4/28 04:01 pm
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US:NASDAQ Investor Relations: ir.akamai.com
The amount of content on the internet is exploding, whether it is music, movies and or e-commerce stores. Consumer demand for this content creates network congestion, much like a digital traffic jam which drives demand for specialized content delivery networks (CDN) services that alleviate potential network bottlenecks. The 4 content delivery stocks we track reported a strong Q4. As a group, revenues beat analysts' consensus estimates by 5.4% while next quarter's revenue guidance was in line. Luckily, content delivery stocks have performed well with share prices up 63.1% on average since the latest earnings results. Best Q4: Fastly (NASDAQ:FSLY) Taking its name from the core advantage it delivers to customers, Fastly (NYSE:FSLY) operates an edge cloud platform that processes, secures, and delivers web content as close to end users as possible, enabling faster digital experiences. Fastly reported revenues of $172.6 million, up 22.8% year on year. This print exceeded analysts
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