For the quarter ended March 2024, Fastly (FSLY) reported revenue of $133.52 million, up 13.6% over the same period last year. EPS came in at -$0.05, compared to -$0.09 in the year-ago quarter. The reported revenue represents a surprise of +0.38% over the Zacks Consensus Estimate of $133.01 million. With the consensus EPS estimate being -$0.07, the EPS surprise was +28.57%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

Fastly (FSLY) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $0.09 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 28.57%. A quarter ago, it was expected that this cloud software developer would post a loss of $0.02 per share when it actually produced earnings of $0.01, delivering a surprise of 150%. Over the last four quarters, the company ha ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ____________________________ FORM 10-Q ____________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38897 ____________________________ FASTLY, INC. (Exact name of registrant as spe ...

First Quarter 2024 Investor Supplement Exhibit 99.2 Product Innovation and Developments Corporate Highlights • Released Fastly Bot Management Solution to help organizations combat automated “bot” attacks at the edge • Published “API Security Study 2024," an assessment of and minimize the business impact of fraud, DDoS attacks, Europe-based companies' API security concerns based on account takeovers, and other abuse. insights from cybersecurity decision makers, experts, and • Simplified our product bundles, ...

The upcoming report from Fastly (FSLY) is expected to reveal quarterly loss of $0.07 per share, indicating an increase of 22.2% compared to the year-ago period. Analysts forecast revenues of $133.01 million, representing an increase of 13.1% year over year. Over the last 30 days, there has been a downward revision of 0.7% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of ...

Fastly (FSLY) closed the most recent trading day at $12.83, moving -0.47% from the previous trading session. This move lagged the S&P 500's daily gain of 0.02%. At the same time, the Dow lost 0.11%, and the tech-heavy Nasdaq gained 0.1%. The the stock of cloud software developer has risen by 2.22% in the past month, leading the Computer and Technology sector's loss of 5.13% and the S&P 500's loss of 3.01%. The upcoming earnings release of Fastly will be of great interest to investors. The company's earnings ...

If this high-octane tech stock comes anywhere close to meeting Wall Street's consensus of 30% annualized earnings growth through 2028, buying shares now would be an absolute bargain. For a second consecutive year, the bulls are running wild on Wall Street. While most investors love a good bull market, it can make locating good deals more challenging. As of the closing bell on April 10, the S&P 500's Shiller price-to-earnings (P/E) ratio (also known as the cyclically adjusted price-to-earnings ratio, or CAPE ...

Fastly (FSLY) recently announced an advancement in its cybersecurity offerings with the introduction of an advanced solution designed to combat the rising threat of automated bot attacks, Fastly Bot Management. As a leading provider of global edge cloud platforms, Fastly is using its expertise in bot mitigation to combat automated bot attacks at the edge, effectively reducing the risks of fraud, DDoS attacks, account takeovers and other forms of online abuse. The latest addition to Fastly’s suite of securit ...

Fastly (FSLY) closed at $12.75 in the latest trading session, marking a -0.93% move from the prior day. This move lagged the S&P 500's daily loss of 0.14%. Meanwhile, the Dow lost 0.77%, and the Nasdaq, a tech-heavy index, added 0.17%. The cloud software developer's shares have seen a decrease of 12.15% over the last month, not keeping up with the Computer and Technology sector's gain of 6.81% and the S&P 500's gain of 5.34%. The investment community will be closely monitoring the performance of Fastly in i ...

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. ...