earnings
confidence high
sentiment positive
materiality 0.75
Fastly Q3 2024 revenue $137.2M (+7% YoY); record non-GAAP income $2.4M, adj EBITDA $13.3M
Fastly, Inc.
2024-Q3 EPS reported
-$0.91
revenue$403,097,000
- Revenue $137.2M (+7% YoY); GAAP net loss $38.0M ($0.27 EPS); record non-GAAP net income $2.4M ($0.02 EPS).
- Record adjusted EBITDA $13.3M; non-GAAP op. loss narrowed to $0.5M from $12.6M a year ago.
- Revenue outside top ten customers grew 20% YoY; top ten revenue fell 11% YoY; LTM NRR 105% (down from 110% QoQ).
- Enterprise customer count 576 (down 25 QoQ); total customers 3,638 (up 343 QoQ).