Fastly Swings to Loss in Q4; Revenue Rises; Shares Tumble After Hours

MT Newswires Live
02-13

Fastly (FSLY) reported a Q4 non-GAAP diluted loss of $0.03 a share, compared with earnings of $0.01 a year earlier.

Analysts polled by FactSet expected breakeven.

Revenue in the three months ended Dec. 31 rose to $140.6 million from $137.8 million a year earlier.

Analysts polled by FactSet expected $138.3 million.

The company expects a Q1 non-GAAP loss of $0.05 to $0.09 per share on revenue of $136 million to $140 million.

Analysts polled by FactSet expect a loss of $0.01 a share on revenue of $137.3 million.

The company expects a 2025 non-GAAP loss of $0.09 to $0.15 per share on revenue of $575 million to $585 million.

Analysts surveyed by FactSet expect earnings of $0.06 a share on revenue of $573.2 million.

The company's shares slumped 21% in after-hours trading.

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