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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) has launched 'The Dept. of Know_ Live!', a virtual web app and API security speaker series starting March 3, 2022. The series aims to foster engaging discussions on modern security, featuring industry leaders like Rinki Sethi and Sounil Yu. Sessions will occur every Thursday in March, with a 15-minute conversation followed by a live Q&A. Fastly also introduced an online hub showcasing industry attack trends and resources. This initiative is designed to combat virtual event fatigue while offering insightful content.

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Fastly, Inc. (NYSE: FSLY) has launched Fastly Academy, a self-service learning platform aimed at enhancing customer knowledge and skills. This on-demand resource is designed for developers and engineering teams, ensuring faster onboarding and improved efficiency in leveraging Fastly’s products. The Academy provides training for various skill levels, reinforcing Fastly's commitment to user success. Users do not need a Fastly customer account to access the coursework, promoting accessibility to advanced training tools that cater to evolving digital demands.

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Fastly, Inc. (NYSE:FSLY) will announce its financial results for Q4 and full year 2021 on February 16, 2022, after market close. An investor conference call will be held at 2:00 p.m. PT / 5:00 p.m. ET on the same day. This call will provide insights into Fastly's performance, including earnings, revenue, and guidance for future growth. A live webcast can be accessed via their investor relations website.

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Fastly (NYSE: FSLY) has launched the Origin Inspector, enhancing its observability features by providing real-time and historical insight into traffic between customer origins and the edge. This new product allows businesses to monitor origin performance effectively, helping to minimize downtime and improve uptime reliability. Fastly claims that Origin Inspector simplifies data collection and visualization processes, enabling faster decision-making without reliance on third-party data collectors. This tool is particularly beneficial for businesses engaged in high-stakes environments like ecommerce and live streaming.

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Fastly, Inc. (NYSE: FSLY) has appointed Margaret Arakawa as its new Chief Marketing Officer, effective immediately. With over 25 years of experience, Arakawa will drive the company’s marketing strategy and focus on enterprise customer growth and brand awareness for its edge cloud network and software. Prior to Fastly, she served as CMO at Outreach, enhancing their market presence significantly. Fastly aims to leverage her expertise to expand its total addressable market and innovate in modern distributed applications.

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Fastly, Inc. (NYSE: FSLY) announced that CEO Joshua Bixby and CFO Ron Kisling will present at the Raymond James Technology Investors Conference on December 6, 2021, at 9:30 a.m. PT / 12:30 p.m. ET. The presentation will be accessible via webcast on Fastly’s Investor Relations website. Fastly is known for its fast edge cloud network, helping clients like Pinterest, The New York Times, and GitHub to enhance their internet experience. For more details, visit Fastly's website.

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Fastly, Inc. has appointed Lakshmi Sharma as its new Chief Product Officer, effective November 29, 2021. With over 20 years in engineering and product development, Sharma aims to enhance Fastly’s product strategy, focusing on creating modern, secure, and performance-oriented applications for developers. Previously, she led product management efforts at Google Cloud and holds experience in various roles at Cisco and Target. CEO Joshua Bixby expressed confidence in Sharma's ability to drive innovative product roadmaps.

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Fastly, Inc. (NYSE: FSLY), a leader in edge cloud networking, announced participation in upcoming investor conferences. CEO Joshua Bixby and CFO Ron Kisling will engage in fireside chats at:

  • Needham Virtual Security, Networking, and Communications Conference on November 16, 2021, at 11:15 a.m. PT
  • RBC Capital Markets Global Technology, Internet, Media, and Telecom Virtual Conference on November 17, 2021, at 12:20 p.m. PT

Webcasts will be available on Fastly's Investor Relations website.

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Fastly, Inc. (NYSE: FSLY) reported third-quarter 2021 revenues of $87M, marking a 23% year-over-year increase. CEO Joshua Bixby noted a recovery in customer traffic post-outage in Q2 and emphasized their goal to achieve $1 billion in revenue by 2025. The company plans to enhance security offerings, drive enterprise customer adoption, and launch new products. Fastly is optimistic about future growth opportunities despite navigating market volatility.

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Fastly, Inc. (NYSE: FSLY) has appointed Vanessa Smith and Richard Daniels to its board of directors effective November 1, 2021, replacing Kelly Wright and Sunil Dhaliwal, who resigned. Vanessa brings over 20 years of digital technology experience from ServiceNow and SAP, while Richard previously served as CIO of Kaiser Permanente. Both directors are expected to enhance Fastly's leadership in edge computing and security, crucial for the company's growth strategy in digital transformation. Fastly aims to leverage their extensive backgrounds to further accelerate its market position.

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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