secwatch.observer — SEC 8-K summary
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Issuer:     Fastly, Inc. (FSLY)
CIK:        0001517413
Form:       8-K
Filed at:   2021-11-03T23:59:59+00:00
Accession:  0001517413-21-000184
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517413/000151741321000184/0001517413-21-000184-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517413/000151741321000184/fsly-20211103.htm
  HTML page:      https://secwatch.observer/filing/0001517413-21-000184

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