Fastly Stock Rallies as Customers Who Left After Recent Outage Return

3 years ago 347

Fastly banal is headed higher successful precocious trading Wednesday aft the contented transportation web and information bundle institution posted better-than-expected third-quarter results.

For the quarter, Fastly (ticker: FSLY) posted gross of $87 million, up 23% from a twelvemonth earlier, and up of the Street statement forecast of $83.7 million. On a non-GAAP basis, the institution mislaid 11 cents a share, narrower than the Street statement forecast for a nonaccomplishment of 19 cents a share.

Fastly...

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