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0.0243902439024389 0.0329268292682926 0.021829268292683 0.0341463414634146 0.00975609756097562 0.0146341463414633 -0.0304878048780488 -0.0243902439024392
Stock impact report

Fastly Announces Third Quarter 2024 Financial Results

Fastly, Inc. Class A (FSLY) 
Last fastly, inc. class a earnings: 2/20 04:05 pm Check Earnings Report
Company Research Source: Business Wire
Reports GAAP loss of $38.0 million and record non-GAAP income of $2.4 millionDelivers record adjusted EBITDA of $13.3 million SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY), a leader in global edge cloud platforms, today announced financial results for its third quarter ended September 30, 2024.“Fastly delivered significant upside on our revenue guidance in Q3 along with record non-GAAP net income and adjusted EBITDA,” said Todd Nightingale, CEO of Fastly. “This was driven by better-than-expected strength in some of our largest customers, continued share gains outside of our top ten customers, and faster-than-projected execution of our restructuring.”“Our transformation initiatives are helping us focus on the broader market with revenue outside of our ten largest customers growing 20% year-over-year,” continued Nightingale. “This diversification of our revenue base will drive more reliable, predictable long-term growth, enabling us to invest in continued edge cloud innov Show less Read more
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