secwatch.observer — SEC 8-K summary
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Issuer:     Fastly, Inc. (FSLY)
CIK:        0001517413
Form:       8-K
Filed at:   2022-02-16T23:59:59+00:00
Accession:  0001517413-22-000018
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fastly Q4 revenue $97.7M beats guidance midpoint by 7%; NRR rises to 118%
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- Q4 revenue $97.7M, up 18% YoY and 13% sequentially; full-year revenue $354.3M, up 22% YoY.
- GAAP gross margin declined to 50.9% in Q4 from 59.2% YoY; non-GAAP gross margin 55.8% vs 63.7%.
- GAAP net loss per share $0.49 in Q4 (vs $0.40 prior year); non-GAAP loss per share $0.10 (vs $0.09).
- Dollar-Based Net Expansion Rate improved to 121% in Q4; annual revenue retention 99.2%, with 445 enterprise customers.
- Launched Next-Gen WAF, Origin Inspector, and Compute@Edge support for multiple languages.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517413/000151741322000018/0001517413-22-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517413/000151741322000018/fsly-20220216.htm
  HTML page:      https://secwatch.observer/filing/0001517413-22-000018

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