Fastly, Inc. (FSLY) Tops Q2 EPS by 6c

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Fastly Announces Second Quarter 2023 Financial Results

August 2, 2023 4:05 PM EDT

Record second quarter revenue of $122.8 million grew 20% year-over-year and exceeded the high end of our guidance range. Expanded market reach with new packaging and pricing for our core services, making it easy for companies of all sizes to try, buy, and use the powerful Fastly platform. Repurchased $236.4 million in aggregate principal amount of convertible debt for $195.7 million, reflecting a 17% discount to par, and resulted in a $36.8 million net gain.

SAN FRANCISCO--(BUSINESS... More