Fastly, Inc. (FSLY) Tops Q3 EPS by 8c, Offers Guidance
Fastly, Inc. (NYSE: FSLY) reported Q3 EPS of ($0.11), $0.08 better than the analyst estimate of ($0.19). Revenue for the quarter came in at $87 million versus the consensus estimate of $83.71 million.
Q4 and Full-Year 2021 Business Outlook
Our 2021 outlook reflects the timing of customer traffic ramping on our platform, anticipated renewals and given our usage based business model, the visibility we have today. Our expected operating profile reflects our continued investment for future growth, along with the impact of the Signal Sciences acquisition.
| Q4 2021 | Full Year 2021 | ||||||||||
Total Revenue | $90 - $93 million | $347 - $350 million | |||||||||
| Non-GAAP Operating Loss | ($18) - ($15) million | ($63) - ($60) million | |||||||||
Non-GAAP Net Loss Per Share 1,2 | ($0.19) - ($0.16) | ($0.58) - ($0.55) | |||||||||
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1Assumes weighted average basic shares outstanding of 117.7 million in Q4 2021 and 115.9 million for the full year 2021
2Non-GAAP Net Loss per share calculation is full-year Non-GAAP Net Loss divided by weighted average basic shares for the full-year
For earnings history and earnings-related data on Fastly, Inc. (FSLY) click here.