Fastly (FSLY) Reports Q1 Loss, Tops Revenue Estimates
FSLYFastly(FSLY) Zacks Investment Research·2024-05-02 07:01

Fastly (FSLY) came out with a quarterly loss of 0.05pershareversustheZacksConsensusEstimateofalossof0.05 per share versus the Zacks Consensus Estimate of a loss of 0.07. This compares to loss of 0.09pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof28.570.09 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 ...