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

Fastly

07/05/2025 23:13

Fastly Inc FSLY.N reported a quarterly adjusted loss of 5 cents​​ per share for the quarter ended March 31, identical to the same quarter last year.  The mean expectation of ten analysts for the quarter was for a loss of 6 cents per share. Wall Street expected results to range from -9 cents to -5 cents per share.

Revenue rose 8.2% to $144.47 million from a year ago; analysts expected $138.01 million.

Fastly Inc's reported EPS for the quarter was a loss of 27 cents​.

The company reported a quarterly loss of $39.15 million.

Fastly Inc shares had fallen by 7.9% this quarter and lost 38.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 426.4% 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 no "strong buy" or "buy," 9 "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 $7.00

This summary was machine generated from LSEG data May 7 at 10:13 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
Mar. 31 2025
-0.06
-0.05
Beat
Dec. 31 2024
0.00
-0.03
Missed
Sep. 30 2024
-0.06
0.02
Beat
Jun. 30 2024
-0.08
-0.07
Beat