* 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