Fool.com contributor Parkev Tatevosian reviews Fastly‘s (NYSE: FSLY) quarterly results and answers if the stock is a buy. *Stock prices used were the afternoon prices of May 3, 2024. The video was published on May 5, 2024. Should you invest $1,000 in Fastly right now? Before you buy stock in Fastly, consider this: The Motley […]
Fastly stock plunged Thursday after the company lowered its 2024 revenue outlook amid pricing pressure for its top customers. X Fastly (FSLY) late Wednesday reported first quarter revenue and earnings slightly above consensus estimates. But shares plunged on management’s outlook. San Francisco-based Fastly competes in the content delivery network (CDN) market versus Akamai Technologies (AKAM) and […]
SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Fastly Inc. (FSLY) on Wednesday reported a loss of $23.4 million in its fourth quarter. The San Francisco-based company said it had a loss of 18 cents per share. Earnings, adjusted for one-time gains and costs, came to 1 cent per share. The results beat Wall Street […]