Fastly Stock Price, News & Analysis

Fastly, Inc. (NYSE: FSLY) has announced significant enhancements to its Compute@Edge solution, enabling customers to run production traffic with advanced features like dynamic edge personalization and authentication. This development aims to empower developers in managing high internet traffic while ensuring performance and security. New tools include Terraform API support and a streamlined Command Line Interface (CLI), enhancing the developer experience. Fastly's commitment to serverless computing promises reduced latency and better performance, making it a vital choice for modern application development.

Fastly, Inc. (NYSE: FSLY) has enhanced its Compute@Edge solution, providing new developer tools and functionality aimed at improving serverless computing capabilities. Users can now deploy production traffic with features like dynamic personalization and authentication at the edge. New integrations include Terraform API support and a Command Line Interface (CLI) for streamlined application deployment. Enhanced observability tools help developers manage performance effectively. Fastly’s Compute@Edge aims to reduce latency and costs while enabling innovative use cases that meet rising digital demands.

Fastly, Inc. (NYSE: FSLY) reported a strong 42% year-over-year growth in revenue for Q3 2020, despite facing customer-specific challenges. CEO Joshua Bixby highlighted significant new customer additions and increased engagement with existing clients. The company remains optimistic about its future, focusing on its long-term strategies with Secure@Edge and Compute@Edge technologies. Fastly will hold a Q&A session to discuss these financial results and future outlook.

Fastly, Inc. (NYSE: FSLY) has announced advancements in its live event and video-on-demand services amid the growing demand for online streaming, accelerated by the COVID-19 pandemic. The company has introduced features such as Media Shield with Origin Insights and Live Event Monitoring, which enhance streaming capabilities and reduce costs. With video-on-demand users projected to increase significantly, Fastly aims to empower organizations with tools for effective digital transformation and improved user experiences in live streaming.

Fastly, Inc. (NYSE: FSLY) has announced significant advancements in its live event and video-on-demand services, responding to the increasing demand for online content amid the COVID-19 pandemic. With enhancements including Media Shield and real-time monitoring, Fastly aims to deliver high-quality, low-latency streaming. The company's services help organizations optimize streaming costs while improving user experience. The number of video-on-demand users is projected to increase by nearly 50 million by year-end, indicating a growing market for Fastly's solutions.

Fastly, Inc. (NYSE: FSLY) has announced its plans to host Altitude, a remote customer conference, on November 10 and 12, 2020. The theme, “Build for tomorrow, now,” will address the demands of digital transformation among technology leaders. The conference will feature keynotes from Fastly executives and discussions on edge computing, network optimizations, and serverless environments. Additionally, customer success stories will highlight Fastly's role in enhancing digital experiences. Attendees can register for tailored sessions for EMEA and North America.

Fastly highlights its initiatives to support voter education during an election year impacted by a pandemic and social challenges. The company emphasizes its role in providing essential digital infrastructure, enabling organizations like DoSomething.org to register young voters online. Fastly plans to give all employees election days off and contribute $13,000 each to the Black Voters Matter Fund and Fair Fight. CEO Joshua Bixby and CMO Carrie Bloxson stress the importance of digital access in facilitating civic engagement and voter literacy.

Fastly (NYSE: FSLY) announced preliminary revenue expectations of $70.0 to $71.0 million for Q3 2020, down from prior guidance of $73.5 to $75.5 million. This revision is attributed primarily to decreased usage from its largest customer due to geopolitical uncertainties and lower usage from several other clients. The company is set to release complete third-quarter results on October 28, 2020, including guidance for Q4 and full-year 2020, following its recent acquisition of Signal Sciences, which is expected to enhance Fastly's competitive edge.