Fastly Stock Price, News & Analysis

Fastly, Inc. (NYSE: FSLY) has launched its Compute@Edge partner ecosystem, designed to enhance developer productivity and accelerate digital transformation. This ecosystem features integrations with major firms such as Auth0 and Optimizely, focusing on edge computing solutions that improve security and performance. Recently recognized as a leader by Forrester, Compute@Edge promises seamless deployment and better user experiences. Fastly aims to provide advanced tools for modern application development, catering to both current and future partners.

Fastly, Inc. (NYSE: FSLY) announces CEO Joshua Bixby will engage in a fireside chat at the Morgan Stanley Technology, Media, and Telecom Conference on March 7, 2022, at 1:50 p.m. PT. The event will take place at The Palace Hotel in San Francisco, CA. Investors and interested parties can access a live webcast of the chat on Fastly’s Investor Relations website. Fastly is known for its global edge cloud network, helping clients like Pinterest and The New York Times enhance their digital experiences.

Fastly, Inc. (NYSE: FSLY) reported fourth quarter revenue of $97.7 million, marking a 13% sequential increase and 18% year-over-year growth. The company’s Dollar-Based Net Expansion Rate rose to 121%, with an Annual Revenue Retention of 99.2%. Despite these gains, GAAP net loss totaled $57.5 million, up from $45.7 million in Q4 2020, resulting in a net loss per share of $0.49. The company provided guidance for Q1 2022 revenue between $97 million and $100 million, indicating continued growth amid operational challenges.

Fastly, Inc. (NYSE: FSLY) launched the Next-Gen WAF with edge deployment options, enhancing security for applications and APIs across various architectures. This milestone integrates Signal Sciences' trusted technology, allowing customers to manage security from a single platform. The solution promises rapid deployment, increased visibility, and flexibility, appealing to enterprises facing diverse security challenges. Fastly aims to meet modern demands with this advanced offering.

Fastly, Inc. (NYSE: FSLY) has launched 'The Dept. of Know_ Live!', a virtual web app and API security speaker series starting March 3, 2022. The series aims to foster engaging discussions on modern security, featuring industry leaders like Rinki Sethi and Sounil Yu. Sessions will occur every Thursday in March, with a 15-minute conversation followed by a live Q&A. Fastly also introduced an online hub showcasing industry attack trends and resources. This initiative is designed to combat virtual event fatigue while offering insightful content.

Fastly, Inc. (NYSE: FSLY) has launched Fastly Academy, a self-service learning platform aimed at enhancing customer knowledge and skills. This on-demand resource is designed for developers and engineering teams, ensuring faster onboarding and improved efficiency in leveraging Fastly’s products. The Academy provides training for various skill levels, reinforcing Fastly's commitment to user success. Users do not need a Fastly customer account to access the coursework, promoting accessibility to advanced training tools that cater to evolving digital demands.

Fastly, Inc. (NYSE:FSLY) will announce its financial results for Q4 and full year 2021 on February 16, 2022, after market close. An investor conference call will be held at 2:00 p.m. PT / 5:00 p.m. ET on the same day. This call will provide insights into Fastly's performance, including earnings, revenue, and guidance for future growth. A live webcast can be accessed via their investor relations website.

Fastly (NYSE: FSLY) has launched the Origin Inspector, enhancing its observability features by providing real-time and historical insight into traffic between customer origins and the edge. This new product allows businesses to monitor origin performance effectively, helping to minimize downtime and improve uptime reliability. Fastly claims that Origin Inspector simplifies data collection and visualization processes, enabling faster decision-making without reliance on third-party data collectors. This tool is particularly beneficial for businesses engaged in high-stakes environments like ecommerce and live streaming.

Fastly, Inc. (NYSE: FSLY) has appointed Margaret Arakawa as its new Chief Marketing Officer, effective immediately. With over 25 years of experience, Arakawa will drive the company’s marketing strategy and focus on enterprise customer growth and brand awareness for its edge cloud network and software. Prior to Fastly, she served as CMO at Outreach, enhancing their market presence significantly. Fastly aims to leverage her expertise to expand its total addressable market and innovate in modern distributed applications.