Fastly, Inc. reports results for the quarter ended June 30 - Earnings Summary
Fastly, Inc. reports results for the quarter ended June 30 - Earnings Summary
Fastly, Inc. FSLY.OQ reported quarterly adjusted earnings of 15 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -3 cents. The mean expectation of twelve analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from 5 cents to 8 cents per share.
Revenue rose 23.3% to $183.32 million from a year ago; analysts expected $173.95 million.
Fastly, Inc.'s reported EPS for the quarter was a loss of 10 cents.
The company reported a quarterly loss of $15.59 million.
Fastly, Inc. shares had risen by 35.9% this quarter and gained 145.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 40.5% 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 5 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is "buy."
Wall Street's median 12-month price target for Fastly, Inc. is $24.50, about 1.8% below its last closing price of $24.95
This summary was machine generated from LSEG data August 5 at 10:42 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 |
Jun. 30 2026 | 0.07 | 0.15 | Beat |
Mar. 31 2026 | 0.08 | 0.13 | Beat |
Dec. 31 2025 | 0.06 | 0.12 | Beat |
Sep. 30 2025 | 0.00 | 0.07 | Beat |
Recent news on Fastly
See all newsBrief: Fastly Increases Senior Secured Revolving Facility To $100 Million From $60 Million
Fastly, Inc. reports results for the quarter ended June 30 - Earnings Summary
Fastly Q2 revenue beats expectations on strong security revenue growth
Brief: Fastly Q2 Adjusted EPS USD 0.17 Vs. IBES Estimate USD 0.07
Brief: Fastly Q1 Adjusted EPS USD 0.15 Vs. IBES Estimate USD 0.08