Fastly, Inc. (FSLY) Tops Q3 EPS by 8c, Offers Guidance

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Go back to Fastly, Inc. (FSLY) Tops Q3 EPS by 8c, Offers Guidance

Fastly (FSLY) Stock Gains on a Q3 Beat and Offered Guidance, Sets Target of $1 Billion in Sales by 2025, Analysts Warns of Overly Ambitious Goals

November 4, 2021 9:28 AM EDT

Shares of Fastly (NASDAQ: FSLY) are up over 5% in pre-open Thursday after the company delivered better-than-expected Q3 results.

Fastly reported Q3 EPS of negative $0.11 to top the analyst estimate of negative $0.19. Revenue for the quarter came in at $87 million versus the consensus estimate of $83.71 million.

This quarter, we reported revenues of $87M, up 23% year-over-year and I am pleased to report that our top customers have returned traffic following our outage in Q2. We have navigated unexpected volatility and ever-changing market conditions over the past two years, but are encouraged about the... More

Fastly, Inc. (FSLY) Appoints Vanessa Smith and Richard Daniels to its Board

November 3, 2021 4:56 PM EDT

Fastly, Inc. (NYSE: FSLY), the worlds fastest global edge cloud network provider, today announced that it has appointed Vanessa Smith, Senior Vice President, Global Go-to-Market at ServiceNow and Richard Daniels, former Chief Information Officer of Kaiser Permanente, to its board of directors effective November 1, 2021. Kelly Wright and Sunil... More