earnings
confidence high
sentiment positive
materiality 0.75
Fastly Q4 revenue $137.8M (+15.5% YoY), non-GAAP EPS $0.01; guides FY24 rev $580-590M
Fastly, Inc.
2023-FY EPS reported
-$1.03
revenue$505,988,000
- Q4 revenue $137.8M (+15.5% YoY); GAAP gross margin 55.0% vs 52.4% YoY.
- Non-GAAP net income per share $0.01 in Q4 vs loss $(0.08); FY non-GAAP loss $(0.17) vs $(0.59).
- FY24 guidance: revenue $580-590M, non-GAAP op loss $20-14M, non-GAAP EPS ($0.06)-$0.00.
- Repurchased $130.9M principal of convertible notes for $113.6M cash (~87¢ on dollar).
- Kip Compton joined as CPO; customer count grew to 3,243 (+141 QoQ); LTM NRR 113%.