Trending Assets
Top investors this month
Trending Assets
Top investors this month
Steve Matt's avatar
Steve Matt
$21.6MFollowers
@interrobangbrosMay 4
Fastly ($FSLY) showing signs of life?
They first began reporting RPO in Q4'20. It was $155.3M. After Q4'21, it was $152.3M. RPO was down 2% YoY. And it's not like revenue was on fire, as revenue growth decelerated YoY in Q4'20 from 34% to 18% in Q4'21. Fast forward to toward, with a new CEO in place (Todd Nightingale took over the helm on Sep 1, 2022), and RPO seems to be taking off. RPO jumped 30% in Q4'22 to $198.3M and just yesterday Fastly reported Q1'23 RPO of 54%, to $242.4M. Perhaps this is a sign of good things to come, such as a return to 30%+ annual revenue growth.
Nathan Worden's avatar
Nathan Worden
@nathanwordenMay 4
I sold my Fastly shares at $18.66 on 4/12/22. A little over a year ago so it doesn't show up here.

Regarding the Remaining Performance Obligation; since RPO is the sum of the invoiced amount and the future amounts not yet invoiced for a contract with a customer— do they talk about how
much churn there is (causing the remaining obligation to fall to 0?)
Image upload
Steve Matt's avatar
Steve Matt
@interrobangbrosMay 4Author
@nathanworden They don't to my knowledge. And my cost basis per share is $48.73 so.. uhhh... oops by me lol
Nathan Worden's avatar
Nathan Worden
@nathanwordenMay 5
@interrobangbros I'll do you one better— I bought some shares at $86.50 😵
Steve Matt's avatar
Steve Matt
@interrobangbrosMay 5Author
@nathanworden I bought at $88.41 on 8/6/20! What do I win? A dunce cap?
Nathan Worden's avatar
Nathan Worden
@nathanwordenMay 5

You win something fast 🥲🙃



Nathan Worden's avatar
Nathan Worden
@nathanwordenMay 5
@interrobangbros wow you just one-upped me!
Joshua Simka's avatar
Joshua Simka
@tomatoMay 5
Let's hope! Management has also signaled an improvement in losses compared to last year. I still own my $FSLY shares. Just imagine what those kind of revenue numbers would do to the share price! 🚀
Rihard Jarc's avatar
Rihard Jarc
@rihardjarcMay 5
Interesting company so hated but might actually be an interesting setup on the risk/reward principle.
Steve Matt's avatar
Steve Matt
$21.6MFollowers
@interrobangbros
Related
Already have an account?