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.
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Fastly, Inc. (NYSE: FSLY), a leading global edge cloud platform, announced the release of its financial results for the first quarter of 2023, scheduled for Wednesday, May 3, 2023, after market close. The company will host a conference call at 1:30 p.m. PT / 4:30 p.m. ET to discuss its results. Interested parties can access a live webcast at https://investors.fastly.com. A telephone replay will be available from May 3 to May 17, 2023. Fastly is recognized for its innovative edge cloud services, which enhance site performance and security for major brands like Reddit and The New York Times. With customer satisfaction ratings exceeding 95%, Fastly aims to deliver top-tier online experiences at a global scale.
Fastly has launched a new partner program enhancing its Global Partner Network, which was recently recognized with a 5-star rating by CRN in its 2023 Partner Program Guide. This program introduces a tiered model, providing simplified pricing, marketing support, and sales enablement to improve partner engagement. Fastly aims to empower partners like Value-Added Resellers and Managed Service Providers to deliver comprehensive solutions, ensuring customers receive high-quality services. The initiative supports Fastly's growth by facilitating better business outcomes for its partners.
Fastly, Inc. (NYSE: FSLY) has partnered with Google LLC (NASDAQ: GOOGL) to operate an Oblivious HTTP Relay (OHTTP Relay) as part of the Privacy Sandbox initiative, aimed at enhancing user privacy while supporting targeted advertising. This move comes as Google plans to phase out third-party cookies in 2024, making privacy a priority for online services. The OHTTP Relay provides an effective way to separate user data while maintaining advertising capabilities. Fastly's technology aims to protect users' personally identifiable information while enabling high-quality, personalized experiences, affirming its commitment to online privacy.
Fastly, Inc. (NYSE: FSLY) has launched the Fastly Managed Security Service, a comprehensive 24/7 threat detection and response offering aimed at protecting organizations from web application attacks. This service enhances the security provided to Fastly’s Next-Gen WAF customers by reducing the risk of web-based attacks and mitigating associated business costs. Fastly's security service addresses the increasing complexity of cybersecurity threats, including DDoS attacks and credential theft. Backed by a 15-minute response SLA for critical incidents, the service allows in-house teams to focus on core initiatives while ensuring robust security support.
Fastly, Inc. (NYSE: FSLY) announced participation in fireside chats at two upcoming investor conferences. The first is the Raymond James 44th Annual Institutional Investor Conference in Orlando on March 6, featuring Ron Kisling, CFO, and Vernon Essi, VP of Investor Relations at 1:40 p.m. ET. The second event is the Morgan Stanley Technology, Media and Telecom Conference in San Francisco on March 8, where Todd Nightingale, CEO, and Ron Kisling, CFO, will speak at 3:55 p.m. ET. Interested parties can access webcasts of the presentations on Fastly's Investor Relations website.
About Fastly: Fastly’s edge cloud platform delivers fast online experiences, enhancing performance and security for top brands globally.
Fastly reported record fourth quarter revenue of $119.3 million, marking a 22% year-over-year growth, exceeding guidance. Full year revenue reached $432.7 million, also a 22% increase year-over-year. GAAP gross margin improved to 52.4%, up from 50.9% in Q4 2021. Despite a GAAP net loss of $46.7 million, it was an improvement from $57.5 million in the same quarter last year. Fastly's trailing 12-month net retention rate rose to 119% from 118%. Guidance for Q1 2023 projects revenue between $114 million and $117 million.
Fastly, Inc. (NYSE: FSLY) has been recognized as the 2023 Gartner Peer Insights Customers’ Choice for Cloud Web Application and API Protection (WAAP) for the fifth consecutive year. The company achieved a perfect 5 out of 5 stars rating based on reviews from 140 verified enterprise customers. With a 97% recommendation rate, Fastly stands out as the highest-rated vendor in its category. This recognition reflects Fastly's commitment to customer satisfaction and its effective security solutions that protect public-facing web applications and APIs.
Fastly, Inc. (NYSE: FSLY) will release its financial results for Q4 and the full year of 2022 on February 15, 2023. The results will be announced after market close, followed by an investor conference call at 1:30 p.m. PT / 4:30 p.m. ET. Investors can access the call via a dial-in number (888-330-2022 for US/CA) or through a webcast available at Fastly's investor site. The company positions itself as a leader in the edge cloud platform market, known for its top-tier performance and customer satisfaction.
Fastly (NYSE: FSLY) announced the appointment of Puja Jaspal as Chief People Officer, effective immediately. Jaspal will oversee global human resources initiatives, including talent acquisition, employee experience, and diversity initiatives. With over 20 years in human resources, including prior roles at Cisco and Visa, she is recognized for her transformative leadership in workforce development. CEO Todd Nightingale expressed enthusiasm for her joining, highlighting her commitment to fostering an inclusive company culture.