Fastly, Inc. (FSLY)
After hours:
- Simply Wall St.
Fastly First Quarter 2024 Earnings: EPS Misses Expectations
Fastly ( NYSE:FSLY ) First Quarter 2024 Results Key Financial Results Revenue: US$133.5m (up 14% from 1Q 2023). Net...
- Benzinga
Fastly's Near-Term Risks Include Challenges with Top Customers, Analyst Expresses Concern
B of A Securities analyst Tal Liani downgraded Fastly Inc (NYSE:FSLY) from Buy to Underperform and lowered the price target from $18 to $8. On Wednesday, Fastly reported quarterly sales of $133.52 million, up by 13.6% year-on-year, which marginally beat the analyst consensus estimate of $133.1 million. EPS loss of $(0.05) beat the analyst consensus estimate loss of $(0.06). The stock price plunged on Thursday. Near-term risks outweigh the longer-term positive catalysts, as per Liani. Deceleratin
- Barrons.com
These Stocks Are Moving the Most Today: Carvana, Fastly, Peloton, Wayfair, Qualcomm, Moderna, Howmet, Apple, Qorvo, and More
Carvana posts a surprise first-quarter profit, Fastly stock sinks after the company issues guidance well below Wall Street estimates, and Peloton’s CEO is stepping down. Apple is scheduled to report fiscal second-quarter earnings after the closing bell Thursday.
