Fastly Q2 revenue $132.4M (+8% YoY); guides Q3 rev $130-134M amid demand challenges

Fastly, Inc.

2024-Q2 EPS reported -$0.64 revenue$265,891,000

GAAP net loss $0.32/share; non-GAAP net loss $0.07/share.
Revenue $132.4M, up 8% YoY; Enterprise customer count 601 (+24 QoQ).
LTM net retention rate fell to 110% from 114%; RPO $223M (-2% QoQ).
CEO cites demand challenges with largest customers; cost alignment measures underway.
Q3 revenue guidance $130-134M; non-GAAP operating loss $(12M)-$(8M); full-year rev $530-540M.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.