Fastly, Inc. reports company news tied to its global edge cloud platform, which combines edge compute, delivery, security, and observability offerings for websites, applications, APIs, and digital media. Recurring updates cover financial results, customer concentration, network services revenue, security revenue, compute and observability activity, and product positioning around performance, latency, and developer experience.
Fastly news also includes partnerships and technology initiatives, such as anti-piracy collaboration for live sports streaming, as well as leadership appointments, equity inducement awards, and market-recognition announcements related to edge development platforms and internet application security.
Fastly, Inc. (NYSE: FSLY) will announce its third-quarter 2021 financial results on November 3, 2021, after the market closes. A press release will be available on the company’s Investor Relations website. Following this, Fastly will host a conference call at 2:00 p.m. PT / 5:00 p.m. ET on the same day to discuss the results. Investors can join via phone or through a live webcast. Fastly’s platform enhances digital experiences by delivering applications close to end-users, serving clients like Pinterest and The New York Times.
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Fastly (NYSE: FSLY) has announced that its next-gen web application firewall (WAF) is now available on the AWS Marketplace. This listing allows businesses to access the WAF efficiently through a unified procurement process. Fastly’s WAF has been well received, with over 90% of customers utilizing it in blocking mode, reducing false positives and enhancing protection against modern security threats. The collaboration with Presidio further extends this access, enabling clients to secure their digital assets effectively.
Fastly, a global edge cloud platform provider, announced that CEO Joshua Bixby and new CFO Ron Kisling will present at the Oppenheimer 24th Annual Technology, Internet, & Communications Conference on August 10, 2021, at 6:55 a.m. PT. This event will showcase Fastly's commitment to enhancing digital experiences securely and efficiently. Interested parties can view the webcast on Fastly's Investor Relations website.
Fastly's platform supports agile development and offers minimal latency, serving notable clients like Pinterest and The New York Times.
Fastly, Inc. (NYSE: FSLY) reported its Q2 2021 financial results, highlighting key advancements in its Compute@Edge and security offerings. CEO Joshua Bixby noted that a significant outage affected Q2 performance and will impact Q3 and the full-year outlook, with some major customers yet to return traffic. Delays in project launches from several clients have also hindered traffic growth. Fastly will hold a live Q&A session to discuss these results and future expectations.
Fastly (NYSE: FSLY) announced the beta release of the Signal Sciences agent on its edge cloud platform, enhancing security for apps and APIs across various environments. This integration allows real-time tracking and blocking of suspicious requests, significantly improving detection capabilities. The next-gen WAF aims to reduce false positives and support a multi-layer defense strategy against DDoS and web application attacks. Availability for production is expected by year-end. Fastly’s technology empowers organizations to bolster their security posture effectively.
Fastly (NYSE: FSLY) has launched JavaScript support in its Compute@Edge platform, enhancing flexibility for developers in a serverless environment. With the growing prevalence of JavaScript, this offering promises faster execution and improved security benefits over competitors. The architecture is designed to eliminate cold start delays, achieving 100x faster startup times compared to other solutions. Fastly’s unique isolation technology ensures a secure environment for JavaScript applications, addressing key concerns for modern web developers.
Fastly, Inc. (NYSE: FSLY) has converted all outstanding Class B common stock into Class A common stock on a one-for-one basis as of July 12, 2021, effective at 5:00 p.m. ET. This automatic conversion was triggered because the Class B common stock represented less than 10% of the total shares. The change harmonizes voting powers across the two classes, eliminating differences. Following this shift, approximately 116,593,020 shares of Class A common stock are now outstanding, maintaining the same CUSIP number. This conversion is not expected to materially affect future operations.
Fastly (NYSE: FSLY) has appointed Paula Loop and Charles Meyers to its Board of Directors as of July 8, 2021. Loop, previously an assurance partner at PwC, brings extensive experience in corporate governance, while Meyers serves as the President and CEO of Equinix, enhancing the board's expertise in technology and digital infrastructure. The additions increase Fastly’s board to nine members, aimed at advancing the company's vision of integrating edge computing with security. Both directors expressed enthusiasm about contributing to Fastly's growth and digital transformation strategy.
Fastly, Inc. (NYSE: FSLY) released research with Enterprise Strategy Group revealing the urgent need for modern security solutions in a rapidly evolving digital landscape. The study highlights that organizations use an average of 11 security tools, spending nearly $3 million annually, yet face challenges with ineffective traditional tools that impede growth and generate false positives. Nearly half of security alerts are false, causing unnecessary downtime. Despite the anticipated rise in API use, many organizations struggle to maintain adequate security across their new architectures.