secwatch.observer — SEC 8-K summary
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Issuer:     Fastly, Inc. (FSLY)
CIK:        0001517413
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0001517413-25-000027
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fastly Q4 2024 revenue $140.6M (record); FY2025 guidance $575-585M; refinanced debt
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- Q4 revenue $140.6M, above high-end of guidance; full-year 2024 revenue $543.7M, +7.5% YoY.
- GAAP net loss per share Q4 -$0.23; non-GAAP net loss per share -$0.03 (vs $0.01 Q4 2023).
- Issued $150M of 7.75% convertible notes due 2028; repurchased $158M of 0% notes at ~$0.95.
- Q1 2025 guidance: revenue $136-140M, non-GAAP net loss per share -$0.09 to -$0.05.
- Enterprise customers 596 (up 20 QoQ); LTM NRR fell to 102% from 105% in Q3 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517413/000151741325000027/0001517413-25-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517413/000151741325000027/fsly-20250212.htm
  HTML page:      https://secwatch.observer/filing/0001517413-25-000027

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer