Fastly Announces Postponement of Investor Day

Rhea-AI Summary

Fastly, Inc. (NYSE: FSLY) has decided to postpone its Investor Day originally set for May 12, 2022. This delay is attributed to current market volatility and a recent CEO transition, rather than any operational or financial changes within the company. Fastly will provide a new date for the Investor Day announcement in due course. The company emphasizes its commitment to innovation and speed in delivering services to customers including notable names like Pinterest and The New York Times.

Positive

• The postponement of Investor Day is not linked to any operational or financial issues.
• Fastly continues to be recognized for its speed and innovative solutions in the edge cloud network market.

Negative

• CEO transition may introduce uncertainty during a crucial time for investor confidence.
• Postponing the Investor Day could indicate potential concerns regarding current market stability.

SAN FRANCISCO--(BUSINESS WIRE)-- Fastly, Inc. (NYSE: FSLY), the world’s fastest global edge cloud network provider, today announced that it has elected to postpone the Investor Day previously scheduled for May 12, 2022. The decision to postpone is the result of the current volatility in the overall markets coupled with the CEO transition announced last week. The postponement is not related to any change in the company’s operations or financial results. Fastly will announce a new date for the Investor Day at the appropriate time.

About Fastly

Fastly is upgrading the internet experience by providing the speed, security, and innovation Enterprises need to deliver increased revenue and engaging experiences. By combining the world’s fastest global edge cloud network with powerful software, Fastly helps customers develop, deliver, and secure modern distributed applications and compelling digital experiences. Fastly’s customers include many of the world’s most prominent companies, including Pinterest, The New York Times, and GitHub. For more information on our mission and products, visit https://www.fastly.com/.

Source: Fastly, Inc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220509006190/en/

Investor Contact:

Vernon Essi, Jr.

ir@fastly.com

Media Contact:

press@fastly.com

Source: Fastly, Inc.

FAQ

Why did Fastly postpone its Investor Day on May 12, 2022?

Fastly postponed the Investor Day due to current market volatility and a recent CEO transition.

What does the postponement of Investor Day mean for Fastly investors?

The postponement does not relate to any operational or financial issues, but the CEO transition may create uncertainty.

When will Fastly announce a new date for the postponed Investor Day?

Fastly will announce a new date for the Investor Day at the appropriate time.

What significance does the Investor Day have for Fastly?

Investor Day is typically an opportunity for the company to communicate its strategy and performance to investors.

Who are some notable customers of Fastly?

Notable customers include Pinterest, The New York Times, and GitHub.