Announced global partnership with Alibaba and Richemont to accelerate the digitization of luxury industry; strategic partners to invest total $1.15 billion in Farfetch Limited and new Farfetch China joint venture.
75% of all data will be created and processed at the edge by 2022 per IDC
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* 62% Revenue Growth
* 137% DBNER
* Adj EBITDA: First positive quarter ever.
* Customer Count: Largest quarterly growth since IPO.
* GAAP GM: 60.2% up from 55%
2/
$FSLY
Compute@edge is still not in revenue guidance since it is in beta.
This is one of the largest thrusts forward for any technology company of this size in the world coming soon.
Jan 1, 2020: Wall Street estimates were 29% growth.
August 5, 2020 Guidance: 47% growth.
3/
$FSLY
Even though margins are rising at scale, it expects innovation improvements to reduce computing requirements for common workloads, increase overall POP capacity, and ultimately increase the amount of revenue per server.
Roku added 3.2 million incremental active accounts in Q2 2020 to reach 43 million;
3/n
$ROKU
Year-over-year active account growth accelerated in Q2 to 41% with ending active accounts reaching 43 million, driven by strong sales of both players and Roku TV models throughout the quarter
The digital transformation (DX) due to COVID-19 is a permanent shift in the way technology is used by people, governments, and enterprises around the world.