earnings
confidence high
sentiment neutral
materiality 0.70
Fastly Q3 revenue $127.8M (+18% YoY); Non-GAAP EPS -$0.06; guides Q4 revenue $137-141M
Fastly, Inc.
2023-Q3 EPS reported
-$0.86
revenue$368,211,000
- Revenue $127.8M up 18% YoY; GAAP net loss $54.3M improved from $63.4M YoY.
- Non-GAAP EPS -$0.06 vs -$0.14 YoY; Non-GAAP gross margin 55.9% from 53.6%.
- LTM net retention rate 114% (down from 116% Q2); DBNER 120% (down from 123%).
- Q4 revenue guidance $137-141M; full-year revenue guidance $505-509M.
- Enterprise customer count down 4 to 547; average spend $858K up 5% QoQ.