secwatch.observer — SEC 8-K summary
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Issuer:     Fastly, Inc. (FSLY)
CIK:        0001517413
Form:       8-K
Filed at:   2021-08-04T23:59:59+00:00
Accession:  0001517413-21-000149
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fastly Q2 revenue $85M (+14% YoY); GAAP net loss $0.51/sh; outage hit results
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- Revenue $85.0M (+14% YoY), net of $1.2M deferred revenue write-down from Signal Sciences acquisition.
- GAAP gross margin 52.6% vs 60.2% YoY; non-GAAP gross margin 57.6% vs 61.7% YoY.
- GAAP operating loss $57.0M (vs $14.2M loss YoY); non-GAAP operating loss $18.0M (vs $2.3M income YoY).
- DBNER 126% (Q1: 141%); NRR 93% (Q1: 110%); enterprise customer count 408 (Q1: 395).
- CEO cited a significant outage affecting Q2 results and Q3/full-year outlook; top-10 customer has not returned traffic.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517413/000151741321000149/0001517413-21-000149-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517413/000151741321000149/fsly-20210804.htm
  HTML page:      https://secwatch.observer/filing/0001517413-21-000149

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer