Why Is Fastly (FSLY) Stock Plunging 18% Today?
Fastly(FSLY) Investor Place·2024-08-09 00:52
Fastly (NYSE:FSLY) stock is sliding lower on Thursday after the company released its most recent earnings report.The second quarter of 2024 earnings report starts with an adjusted EPS of -7 cents. That’s slightly better than the -8 cents Wall Street was predicting. However, it’s worse than the -4 cents from the same period of the year prior.Fastly also reported revenue of 131.78 million analysts were expecting. It’s also up from the $1 ...