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. (FSLY) is a Nasdaq-listed company that operates a powerful and programmable edge cloud platform, and its news flow reflects this focus on performance, security, and developer enablement. On this page, readers can follow Fastly’s official announcements, including quarterly and annual financial results, product launches, security research, capital markets activity, and participation in investor conferences.
Fastly regularly issues earnings releases that detail revenue by category, such as Network services, Security, and Other (Compute and Observability), along with key metrics and guidance ranges. These updates are often accompanied by investor conference calls, giving insight into how the business is evolving across performance, security, and edge compute offerings.
The company also publishes product and platform updates, such as new security capabilities like API Discovery, deception features in its Next-Gen WAF, and DDoS Precise Defense, as well as tools like the Fastly Model Context Protocol (MCP) Server and a Sustainability Dashboard. In addition, Fastly-sponsored research, including an IDC study on modern Application Security programs, and its own Threat Insights Reports on bot traffic and AI crawlers, provide a view into the security and traffic trends affecting customers.
Investors can also track capital markets and corporate developments here, including announcements about convertible senior notes offerings, capped call transactions, and the transfer of Fastly’s stock listing from the New York Stock Exchange to the Nasdaq Stock Market LLC. For anyone following FSLY, this news feed offers a centralized view of the company’s financial disclosures, security insights, and strategic initiatives over time.
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.
Fastly (NYSE: FSLY) has been recognized as a Customers' Choice in the 2022 Gartner Peer Insights “Voice of the Customer”: Global CDN, achieving a high customer rating of 4.8 out of 5 stars and a 97% willingness to recommend. This recognition reflects Fastly's robust network, featuring 192 Tbps connected edge capacity and 95 points of presence across 71 markets, which supports rapid and secure digital experiences. CEO Joshua Bixby emphasized the importance of customer feedback in achieving this recognition.
Fastly has announced the initiation of a search for a new CEO following the decision of current CEO
Fastly reported a record revenue of $102.4 million for Q1 2022, achieving a 5% sequential growth and 21% year-over-year growth, exceeding guidance. However, GAAP gross margin decreased to 47.3%, and the net loss was $64.3 million, compared to $50.7 million last year. The company's Net Retention Rate fell to 115%, down from 118%. Fastly will share more insights at its Investor Day on May 12, and a CEO succession search is ongoing.
Fastly, Inc. (NYSE: FSLY) will host its 2022 Investor Day on May 12, 2022, at 1:00 p.m. ET, at the New York Stock Exchange and via live webcast. The event will feature presentations from CEO Joshua Bixby and other executives. Interested participants can access the event at www.fastlyinvestorday.com. A replay will be available post-event. Fastly focuses on enhancing internet experiences for organizations by providing control and speed through its global edge cloud network.
Fastly, Inc. (NYSE: FSLY) will announce its financial results for Q1 2022 on May 4, 2022, following market close. An investor conference call will occur at 2:00 p.m. PT (5:00 p.m. ET) to discuss these results. Interested parties can access the call via dial-in or webcast. The conference call replay will be available from May 4 to May 18, 2022. Fastly aims to enhance internet experiences by providing a robust global edge cloud network, serving notable clients like Pinterest and The New York Times. For further details, visit their official website.
Fastly, Inc. (NYSE: FSLY) has acquired Fanout, enhancing its edge cloud network with advanced real-time and streaming API capabilities. This strategic purchase is aimed at improving customer engagement through faster app development and streamlined workflows. Fanout's technology allows developers to integrate real-time functionalities without extensive infrastructure changes, benefiting resource-constrained teams. The integration will further support Fastly's serverless offerings, enabling secure and scalable application development. This move aligns with Fastly's mission to enhance digital experiences across its global platform.
Fastly, Inc. (NYSE: FSLY) has been recognized as a March 2022 Gartner Peer Insights Customers’ Choice for Web Application and API Protection for the fourth consecutive year, achieving an average customer rating of 4.9 out of 5 stars. This recognition reflects outstanding reviews from enterprise IT professionals who have implemented the Fastly Next-Gen WAF, underscoring its effectiveness in protecting against cyber threats. Fastly's recent innovations further enhance its offerings, allowing customers to confidently secure their digital environments.
Fastly, Inc. (NYSE: FSLY) has been recognized as a Leader in the IDC MarketScape: Worldwide Commercial Content Delivery Network 2022 Vendor Assessment. The company boasts a network capacity of 192 Tbps and has shown significant innovation in content delivery services, focusing on speed, security, and reliability.
Key strengths highlighted include a vast network with 95 POPs across 32 countries, a comprehensive product portfolio, excellent customer service with a 95% satisfaction score, and modern network offerings that enhance customer experience.
Fastly, Inc. (NYSE: FSLY) has launched its Compute@Edge partner ecosystem, designed to enhance developer productivity and accelerate digital transformation. This ecosystem features integrations with major firms such as Auth0 and Optimizely, focusing on edge computing solutions that improve security and performance. Recently recognized as a leader by Forrester, Compute@Edge promises seamless deployment and better user experiences. Fastly aims to provide advanced tools for modern application development, catering to both current and future partners.