RADNOR, Pa., June 3, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Northern District of California against Fastly, Inc. ("Fastly") (NYSE: FSLY). The action charges Fastly with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company's business, operations, and prospects. As a result of Fast ...

NEW YORK, May 30, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Fastly, Inc. ("Fastly" or the "Company") (NYSE: FSLY) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fastly investors who were adversely affected by alleged securities fraud between February 15, 2024 and May 1, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/fastly-lawsuit-submission-form?prid=81951& ...

NEW YORK, May 29, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Fastly, Inc. (NYSE: FSLY) between February 15, 2024 and May 1, 2024, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 23, 2024. SO WHAT: If you purchased Fastly securities during the Class Period you may b ...

BOSTON, May 28, 2024 (GLOBE NEWSWIRE) -- Block & Leviton announces that a securities fraud lawsuit has been filed against Fastly (NYSE:FSLY) and certain of its executives. Investors who have lost money in their Fastly investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://www.blockleviton.com/cases/fsly. What is this all about? A lawsuit was recently filed against Fastly, Inc., alleging the company and its executives misrepresented to inve ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Fastly. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Tech names Fastly Inc (NYSE:FSLY) and Qualcomm Inc (NASDAQ:QCOM) just announced their earnings results, with staggeringly different outcomes for the stocks. Cloud stock FSLY is down 34.3% at $8.50 at last glance, trading at 52-week lows and on track for its worst single-session percentage loss ever. The company announced mixed first-quarter results, with wider-than- expected losses per share alongside a revenue beat, and lowered its full-year revenue forecast. BofA Global Research downgraded Fastly stock to ...

Fastly (NYSE:FSLY) stock is falling on Thursday following the release of its earnings report for the first quarter of 2024. Weighing on FSLY stock today is the cloud platform company’s outlook in this report. It expects Q2 EPS to range from -10 cents to -6 cents alongside revenue between $130 million and $134 million. For comparison, Wall Street’s Q2 estimates include EPS of -2 cents on $140.16 million in revenue. Also not helping matters is Fastly’s guidance for 2024. The company is expecting EPS ranging f ...

William Farrington - William Farrington是一名资深的研究员和记者，曾在全球法律出版物工作，涵盖公共法律和并购等领域[1] Proactive的新闻团队 - Proactive的新闻团队遍布全球主要金融和投资中心，包括伦敦、纽约、多伦多、温哥华、悉尼和珀斯[2] Proactive团队关注领域 - Proactive团队专注于中小市值市场，同时也关注蓝筹公司、大宗商品和更广泛的投资故事，为激发私人投资者的热情提供内容[3] Proactive团队提供内容领域 - Proactive团队提供跨市场的新闻和独特见解，涵盖生物技术和制药、矿业和自然资源、电池金属、石油和天然气、加密货币以及新兴数字和电动汽车技术等领域[4]

Fastly公司财务表现 - Fastly公司第一季度营收为1.335亿美元，虽然略低于预期，但仍在增长[3] - Fastly公司第一季度非GAAP毛利率达到58.8%，同比提高3.2个百分点，显示了盈利能力和效率的改善[4] - Fastly公司在第一财季实现了第四个连续的正调整EBITDA，达到370万美元，显示了盈利能力的积极趋势[6] Fastly公司市场反应 - Fastly公司第二季度营收预测导致股价暴跌30%，但全年营收预期仍然表现良好，显示了公司仍在增长，投资者过度悲观[7] - Fastly公司目前的市值相对于其营收估值的折扣率为30%，投资者基于恐惧而产生的情绪创造了增长投资机会[8] - Fastly公司的合理市值P/S比率仍然保持在4-5倍，对应每股19-23美元的合理市价，相对之前的22-26美元有所下调[10] Fastly公司风险评估 - Fastly公司最大的风险在于营收增长率放缓，如果未能稳步朝着GAAP盈利能力取得进展或利润率趋势逆转，将会影响投资者对公司的估值[11] - Fastly公司第一季度财报市场反应过度，股价暴跌三分之一，投资者过度恐慌，但公司的估值变得更具吸引力，风险收益比向上倾斜[12]

财务数据和关键指标变化 - 第一季度收入为1.335亿美元,同比增长14%,超过了公司指引中值 [11] - 毛利率为58.8%,同比提升320个基点,超出预期 [13] - 经营亏损为970万美元,优于公司指引范围 [13] - 调整后EBITDA为370万美元,同比由亏转盈 [14] - 经营活动现金流为1.11亿美元,同比大幅改善 [14] 各条业务线数据和关键指标变化 - 网络服务收入为1.06亿美元,同比增长12% [42] - 安全业务收入为2460万美元,同比增长16% [42] - 其他业务收入为30万美元 [41] 各个市场数据和关键指标变化 - 前10大客户收入占比从40%下降至38% [28][43] - 企业客户数量为577家,净减少1家 [47] - 企业客户平均收入为84.6万美元,环比下降4% [47] - 净留存收入率为114%,环比上升1个百分点 [46] 公司战略和发展方向及行业竞争 - 公司持续推进平台统一和扩展,提升自助采用和产品试用 [19] - Bot Management解决方案正式上线,扩大了公司的安全产品线 [20][21] - 渠道计划持续增长,第一季度渠道交易量和收入同比翻倍 [25] - 正在进行CEO和CRO的高管搜索,以加强公司的领导力 [26] - 面临来自大客户的价格压力和流量波动,正在调整与大客户的互动模式 [28][29][30] 管理层对经营环境和未来前景的评论 - 第二季度收入指引为6%-9%同比增长,全年指引为11%同比增长,低于此前预期 [27][55][60] - 大客户收入下降是导致短期业绩下滑的主要因素,公司正在采取措施应对 [28][29][30] - 公司仍然坚定看好长期发展前景,将继续投资客户获取和产品创新 [32][33][34] 问答环节重要的提问和回答 问题1 **Rishi Jaluria 提问** 最近几个月价格环境是否有所恶化,公司有何应对措施 [65][66] **Todd Nightingale 回答** 大客户价格压力有所增加,但公司正在调整与大客户的互动模式以应对 [66][67] 问题2 **Frank Louthan 提问** 公司是否仍有信心实现全年自由现金流接近平衡的目标 [74][75] **Ronald Kisling 回答** 公司将继续严格管控开支,预计2024年自由现金流将接近平衡 [74][75] 问题3 **James Fish 提问** 公司对大客户收入的预测依据是什么,是否有最低承诺金额作为基础 [105][106][107][108] **Ronald Kisling 回答** 大客户收入预测主要基于客户的实际用量,并非最低承诺金额,存在一定不确定性 [106][107][130][131][132]