Content delivery company Fastly (NYSE:FSLY) will be announcing earnings results tomorrow afternoon. Here’s what you need to know.

Fastly beat analysts’ revenue expectations by 4.1% last quarter, reporting revenues of $137.2 million, up 7.3% year on year. It was a mixed quarter for the company, with a solid beat of analysts’ EBITDA estimates but EPS guidance for next quarter missing analysts’ expectations significantly.

Is Fastly a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Fastly’s revenue to be flat year on year at $138.3 million, slowing from the 15.5% increase it recorded in the same quarter last year. Adjusted loss is expected to come in at $0 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Fastly has missed Wall Street’s revenue estimates four times over the last two years.

Looking at Fastly’s peers in the software development segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Cloudflare delivered year-on-year revenue growth of 26.9%, beating analysts’ expectations by 1.8%, and F5 reported revenues up 10.7%, topping estimates by 7.2%. Cloudflare traded up 17.7% following the results while F5 was also up 11.4%.

Read our full analysis of Cloudflare’s results here and F5’s results here.

There has been positive sentiment among investors in the software development segment, with share prices up 11.4% on average over the last month. Fastly is up 19.1% during the same time and is heading into earnings with an average analyst price target of $8.61 (compared to the current share price of $10.58).

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