Picture of Fastly logo

FSLY — Fastly News Story

0.000.00%
us flag iconLast trade - 00:00
TechnologySpeculativeLarge CapHigh Flyer

Fastly Inc reports results for the quarter ended December 31 - Earnings Summary

* Fastly Inc  FSLY.N  reported a quarterly adjusted loss
of 3
cents​​ per share for the quarter ended December 31, lower than
the same quarter last year, when the company reported EPS of 1
cents.  The mean expectation of ten analysts for the quarter was
for breakeven results per share. Wall Street expected results to
range from -2 cents to 1 cents per share.
    * Revenue rose 2% to $140.58 million from a year ago;
analysts
expected $138.27 million. 
    * Fastly Inc's reported EPS for the quarter was a loss of 23
cents​.
    * The company reported a quarterly loss of $32.89 million.
    * Fastly Inc shares had risen by 6.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 11.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 8
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the it services &
consulting peer group is also "hold"

Wall Street's median 12-month price target for Fastly Inc is
$9.00 
This summary was machine generated from LSEG data February 12 at
10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.00           -0.03          Missed
 Sep. 30 2024      -0.06          0.02           Beat
 Jun. 30 2024      -0.08          -0.07          Beat
 Mar. 31 2024      -0.06          -0.05          Beat

Recent news on Fastly

See all news