• Fastly Inc FSLY.N reported a quarterly adjusted loss of 5 cents​​ per share for the quarter ended March 31, identical to the same quarter last year. The mean expectation of ten analysts for the quarter was for a loss of 6 cents per share. Wall Street expected results to range from -9 cents to -5 cents per share.

• Revenue rose 8.2% to $144.47 million from a year ago; analysts expected $138.01 million.

• Fastly Inc's reported EPS for the quarter was a loss of 27 cents​.

• The company reported a quarterly loss of $39.15 million.

• Fastly Inc shares had fallen by 7.9% this quarter and lost 38.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 426.4% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 9 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "hold"

• Wall Street's median 12-month price target for Fastly Inc is $7.00

This summary was machine generated from LSEG data May 7 at 10:13 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)