Welcome to our dedicated page for Fastly news (Ticker: $FSLY), a resource for investors and traders seeking the latest updates and insights on Fastly stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Fastly's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Fastly's position in the market.
Rhea-AI Summary
Fastly, Inc. (FSLY) named a Leader in The Forrester Wave™: Edge Development Platforms, Q4 2023 report. Fastly’s Compute platform received the highest rating (5/5) in 22 criteria, including vision, innovation, roadmap, pricing flexibility, and transparency, runtime execution environment, and security features. Forrester notes that Fastly is an excellent fit for enterprises seeking to extend their capabilities from the public cloud with a highly performant and secure edge compute platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.76%
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Rhea-AI Summary
Fastly, Inc. (NYSE: FSLY) releases its annual global cybersecurity report, revealing that businesses suffer an average of 46 known cyber attacks per year, leading to 9% revenue loss. The report also highlights the damaging effects of cyber attacks, including network outages, data loss, web applications being taken offline, and customer account compromises. The survey of 1,500 IT decision-makers globally provides insights into current security concerns, with 76% planning to increase their cybersecurity budgets. Cybersecurity professionals are also concerned about the talent shortage and are looking to invest in Generative AI as a potential solution.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.41%
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Rhea-AI Summary
Fastly, Inc. reports record third quarter revenue of $127.8 million, representing 18% year-over-year growth and 4% sequential increase. The company achieved a GAAP gross margin of 51.7% and a non-GAAP gross margin of 55.9%. GAAP net loss per share was $0.42, while non-GAAP net loss per share was $0.06. Key metrics include a decrease in the trailing 12-month net retention rate to 114% and an increase in total customer count to 3,102. Fastly provided fourth quarter and full year 2023 guidance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.58%
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Rhea-AI Summary
Fastly, Inc. (NYSE: FSLY) announces participation in investor conferences
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.2%
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Rhea-AI Summary
Fastly, Inc. will release financial results for Q3 2023 on November 1, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.64%
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Rhea-AI Summary
Fastly announces the acquisition of Domainr and the general availability of Certainly, enhancing its edge cloud platform. Certainly provides TLS certificates for Fastly customers, while Domainr's API checks domain availability and enhances domain simplification and security.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.26%
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Rhea-AI Summary
Fastly, Inc. has released its first threat intelligence report, the 'Network Effect Threat Report,' showcasing the accuracy of its threat intelligence capabilities and the effectiveness of its unified security platform. The report provides insights on various industries, attack patterns, and trending techniques.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.66%
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Rhea-AI Summary
Fastly announces record Q2 revenue of $122.8 million, exceeding guidance. Expanded market reach with new packaging and pricing. Repurchased $236.4 million in convertible debt at a 17% discount, resulting in a $36.8 million net gain.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
23.04%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.96%
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Rhea-AI Summary
Fastly, Inc. (NYSE: FSLY) to participate in fireside chats at KeyBanc Technology Leadership Forum and Piper Sandler Growth Frontiers Conference, with webcasts available on Fastly’s Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.31%
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Fastly, Inc.
NYSE:FSLY
FSLY Rankings
FSLY Stock Data
1.16B
123.91M
7.25%
78.54%
7.59%
Software and Other Prerecorded Compact Disc, Tape, and Record Reproducing
Manufacturing
United States of America
SAN FRANCISCO
About FSLY
fastly helps the world’s most popular digital businesses keep pace with their customer expectations by delivering fast, secure, and scalable online experiences. businesses trust the fastly edge cloud platform to accelerate the pace of technical innovation, mitigate evolving threats, and scale on demand. founded in 2011, fastly powers online destinations including airbnb, github, alaska airlines, pinterest, vimeo, the guardian, the new york times and ticketmaster. learn more at fastly.com and follow us on twitter @fastly. our global working community spans from san francisco to denver, new york, london, and tokyo. we have raised $130m to date from investors including august capital, iconiq capital, battery ventures, oatv, and amplify partners. we provide challenging work, opportunities to learn, high-quality teammates, and, most importantly, we have a lot of fun doing what we love. our san francisco headquarters is located in the heart of soma, close to muni, bart, and caltrain. we’re b