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Fastly, Inc. - FSLY STOCK NEWS

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.

Fastly, Inc. (symbol: FSLY) is a leading provider of edge cloud computing services that help some of the world's most renowned digital businesses keep up with evolving customer expectations. Founded in 2011, Fastly’s core business revolves around delivering fast, secure, and scalable online experiences. By leveraging its advanced edge cloud platform, businesses can accelerate technical innovation, mitigate evolving cyber threats, and dynamically scale their operations as needed.

Fastly powers a wide range of prominent online destinations including Airbnb, GitHub, Alaska Airlines, Pinterest, Vimeo, The Guardian, The New York Times, and Ticketmaster. Fastly’s platform stands out by focusing on fewer but network-dense data centers compared to traditional Content Delivery Networks (CDNs). This strategy allows it to efficiently handle dynamic content and edge computing capabilities, providing superior service to large, sophisticated enterprises.

Headquartered in San Francisco with a global working community spread across cities like Denver, New York, London, and Tokyo, Fastly has raised $130 million from notable investors such as August Capital, Iconiq Capital, Battery Ventures, OATV, and Amplify Partners. The company is committed to providing challenging work environments, continuous learning opportunities, and a collaborative atmosphere. Fastly’s approach has made it a trusted partner for enterprises aiming to accelerate their pace of innovation while ensuring reliable, high-performing online services.

For more information about Fastly’s innovative solutions and latest updates, visit fastly.com or follow them on Twitter at @fastly.

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Fastly, Inc. (NYSE: FSLY) will announce its third-quarter 2021 financial results on November 3, 2021, after the market closes. A press release will be available on the company’s Investor Relations website. Following this, Fastly will host a conference call at 2:00 p.m. PT / 5:00 p.m. ET on the same day to discuss the results. Investors can join via phone or through a live webcast. Fastly’s platform enhances digital experiences by delivering applications close to end-users, serving clients like Pinterest and The New York Times.

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Fastly (NYSE: FSLY) has announced that its next-gen web application firewall (WAF) is now available on the AWS Marketplace. This listing allows businesses to access the WAF efficiently through a unified procurement process. Fastly’s WAF has been well received, with over 90% of customers utilizing it in blocking mode, reducing false positives and enhancing protection against modern security threats. The collaboration with Presidio further extends this access, enabling clients to secure their digital assets effectively.

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Fastly, a global edge cloud platform provider, announced that CEO Joshua Bixby and new CFO Ron Kisling will present at the Oppenheimer 24th Annual Technology, Internet, & Communications Conference on August 10, 2021, at 6:55 a.m. PT. This event will showcase Fastly's commitment to enhancing digital experiences securely and efficiently. Interested parties can view the webcast on Fastly's Investor Relations website.

Fastly's platform supports agile development and offers minimal latency, serving notable clients like Pinterest and The New York Times.

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Fastly, Inc. (NYSE: FSLY) reported its Q2 2021 financial results, highlighting key advancements in its Compute@Edge and security offerings. CEO Joshua Bixby noted that a significant outage affected Q2 performance and will impact Q3 and the full-year outlook, with some major customers yet to return traffic. Delays in project launches from several clients have also hindered traffic growth. Fastly will hold a live Q&A session to discuss these results and future expectations.

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Fastly (NYSE: FSLY) announced the beta release of the Signal Sciences agent on its edge cloud platform, enhancing security for apps and APIs across various environments. This integration allows real-time tracking and blocking of suspicious requests, significantly improving detection capabilities. The next-gen WAF aims to reduce false positives and support a multi-layer defense strategy against DDoS and web application attacks. Availability for production is expected by year-end. Fastly’s technology empowers organizations to bolster their security posture effectively.

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Fastly (NYSE: FSLY) has launched JavaScript support in its Compute@Edge platform, enhancing flexibility for developers in a serverless environment. With the growing prevalence of JavaScript, this offering promises faster execution and improved security benefits over competitors. The architecture is designed to eliminate cold start delays, achieving 100x faster startup times compared to other solutions. Fastly’s unique isolation technology ensures a secure environment for JavaScript applications, addressing key concerns for modern web developers.

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Fastly, Inc. (NYSE: FSLY) has converted all outstanding Class B common stock into Class A common stock on a one-for-one basis as of July 12, 2021, effective at 5:00 p.m. ET. This automatic conversion was triggered because the Class B common stock represented less than 10% of the total shares. The change harmonizes voting powers across the two classes, eliminating differences. Following this shift, approximately 116,593,020 shares of Class A common stock are now outstanding, maintaining the same CUSIP number. This conversion is not expected to materially affect future operations.

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Fastly (NYSE: FSLY) has appointed Paula Loop and Charles Meyers to its Board of Directors as of July 8, 2021. Loop, previously an assurance partner at PwC, brings extensive experience in corporate governance, while Meyers serves as the President and CEO of Equinix, enhancing the board's expertise in technology and digital infrastructure. The additions increase Fastly’s board to nine members, aimed at advancing the company's vision of integrating edge computing with security. Both directors expressed enthusiasm about contributing to Fastly's growth and digital transformation strategy.

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FAQ

What is the current stock price of Fastly (FSLY)?

The current stock price of Fastly (FSLY) is $10.08 as of December 20, 2024.

What is the market cap of Fastly (FSLY)?

The market cap of Fastly (FSLY) is approximately 1.4B.

What does Fastly, Inc. do?

Fastly, Inc. provides edge cloud computing services that deliver fast, secure, and scalable online experiences for digital businesses.

Who are some of Fastly's prominent clients?

Fastly powers online destinations like Airbnb, GitHub, Alaska Airlines, Pinterest, Vimeo, The Guardian, The New York Times, and Ticketmaster.

Where is Fastly headquartered?

Fastly is headquartered in San Francisco, California.

When was Fastly founded?

Fastly was founded in 2011.

What is unique about Fastly’s CDN strategy?

Fastly focuses on fewer but network-dense data centers, enabling better service for dynamic content and edge computing compared to traditional CDNs.

How much funding has Fastly raised?

Fastly has raised $130 million from investors including August Capital, Iconiq Capital, Battery Ventures, OATV, and Amplify Partners.

What is the primary market for Fastly's services?

Fastly gears its services towards large, sophisticated enterprises rather than smaller companies.

What regions does Fastly serve?

Fastly serves a global market with offices in cities such as Denver, New York, London, and Tokyo.

How does Fastly support technical innovation?

Fastly's edge cloud platform allows businesses to accelerate technical innovation by enabling programmable edge computing and dynamic scaling.

Where can I find more information about Fastly?

More information about Fastly can be found on their website at fastly.com or by following them on Twitter at @fastly.

Fastly, Inc.

NYSE:FSLY

FSLY Rankings

FSLY Stock Data

1.44B
130.39M
7.15%
72.2%
7.27%
Software - Application
Services-prepackaged Software
Link
United States of America
SAN FRANCISCO