Shares of Fastly, Inc. (FSLY) surged 14.62% in after-hours trading on Wednesday, following the release of the company's impressive third-quarter results and optimistic full-year guidance. The edge cloud platform provider demonstrated strong performance, exceeding analyst expectations and boosting investor confidence.

Fastly reported third-quarter adjusted earnings per share (EPS) of $0.08, significantly outperforming the analyst estimate of $0. The company's revenue for the quarter came in at $158.223 million, surpassing the forecast of $150.8 million. Additionally, Fastly achieved a gross margin of 58.4%, indicating improved operational efficiency.

Looking ahead, Fastly provided an upbeat outlook for the full fiscal year 2025. The company now expects full-year revenue to be in the range of $610-614 million, surpassing the consensus estimate of $598.12 million. Furthermore, Fastly projected an adjusted EPS between $0.03 and $0.07 for the fiscal year, compared to the consensus expectation of -$0.07. These forward-looking statements have likely contributed to the stock's substantial after-hours rally, as investors react positively to the company's growth trajectory and improved financial performance.