Reports Q3 revenue $137.2M, consensus $131.88M. “Fastly (FSLY) 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.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FSLY:
- Fastly Inc options imply 16.4% move in share price post-earnings
- Options Volatility and Implied Earnings Moves This Week, November 04 – November 08, 2024
- Fastly Inc put volume heavy and directionally bearish
- Fastly downgraded to Market Perform from Strong Buy at Raymond James
- Fastly Inc call volume above normal and directionally bullish