secwatch.observer — SEC 8-K summary
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Issuer:     Fastly, Inc. (FSLY)
CIK:        0001517413
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001517413-22-000157
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fastly Q3 record revenue $108.5M, beats guidance; GAAP net loss per share $0.52
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- Revenue $108.5M, up 25% YoY and 6% sequentially, exceeding Q3 guidance high end.
- GAAP gross margin 48.6% (down 380 bps YoY) but improved 370 bps sequentially; non-GAAP gross margin 53.6%.
- GAAP net loss per share $0.52 (vs $0.48 YoY); non-GAAP net loss per share $0.14 (vs $0.11).
- Net retention rate 118% (117% prior); enterprise customers 482; avg spend $759K (+4% qoq).
- Q4 2022 guidance: revenue $112-116M, non-GAAP net loss per share ($0.15)-($0.11).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517413/000151741322000157/0001517413-22-000157-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517413/000151741322000157/fsly-20221102.htm
  HTML page:      https://secwatch.observer/filing/0001517413-22-000157

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