Fastly Q4 revenue $119.3M beats guidance; FY23 revenue guidance $495-505M

Fastly, Inc.

2022-FY EPS reported -$1.57 revenue$432,725,000

Q4 record revenue $119.3M (+22% YoY); full year $432.7M (+22% YoY). GAAP gross margin 52.4%, up 380 bps seq.
GAAP net loss $46.7M ($0.38/sh); non-GAAP net loss $9.5M ($0.08/sh), improved from $0.10 YoY.
Q1 2023 revenue guidance $114-117M; full year $495-505M. Non-GAAP op loss guide $(18)-(16)M for Q1.
LTM net retention rate 119% (up from 118% in Q3); enterprise customers 493 (up 11 qoq), avg spend $782K.
Appointed Puja Jaspal as CPO from Cisco; Glitch acquisition extended developer community to 2M developers.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Fastly, Inc. reported financial results for the quarter and full year ended December 31, 2022.

Period: the quarter and full year ended December 31, 2022
Result: reported results

Exact text from the filing

On February 15, 2023, Fastly, Inc. (the "Company") announced its financial results for the quarter and full year ended December 31, 2022 by issuing a press release.

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Fastly, Inc. filing history →

Source: SEC EDGAR

accession 0001517413-23-000007

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