Fastly Q3 revenue $87M (+23% YoY); net loss per share $0.48

Fastly, Inc.

2021-Q3 EPS reported -$1.43 revenue$256,613,000

Revenue $87M, up 23% YoY; GAAP net loss per share $0.48 vs $0.22 YoY; non-GAAP loss $0.11 vs $0.04.
GAAP gross margin 52.4% (down from 58.5% YoY); non-GAAP gross margin 57.5% (down from 59.8%).
Enterprise customers 430 (up from 408 in Q2); total customers 2,748 (up from 2,581).
Net Retention Rate 112% (vs 93% in Q2); LTM NRR 114%; DBNER 118%.
CEO notes top customers returning after Q2 outage; targets $1B revenue by 2025.

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