Categories Earnings, Technology

Fastly (FSLY): Q4 2019 Earnings Snapshot

Earnings Update by AlphaStreet

—  Fastly Inc (NYSE: FSLY) reported loss of $0.10 per share in the fourth quarter of 2019, vs $0.11 per share loss expected.

— Q4 revenue grew 44% to $59 million, vs. $54.83 million expected, helped by increased client base.  

— Dollar-Based Net Expansion Rate of 136%. 

— Enterprise customers grew 5% to 288. 

— For Q1 2020, company expects total revenues of $58 – 60 million, while adjusted net loss per share is projected to be $0.13 – 0.11.

— For the full year 2020, Fastly expects adjusted loss per share of $0.43 to $0.32 on revenues of $255 – 265 million.

— FSLY fell 12% immediately following the announcement.  

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

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