Fastly Announces Third Quarter 2020 Financial Results
October 28 2020 - 4:05PM
Business Wire
Fastly, Inc. (NYSE: FSLY), provider of an edge cloud platform,
today posted its financial results for the third quarter 2020 in
its shareholder letter on the Investor Relations section of its
website at https://investors.fastly.com.
“Despite the customer-specific challenges we faced this quarter,
we are pleased with the continued strength and resilience of our
business, including a 42% year-over-year top-line growth in the
third quarter,” said Joshua Bixby, CEO of Fastly. “We not only
continued to gain new customers, with the second-highest quarter of
new customer additions since going public, but we also expanded our
engagement with existing customers. Looking ahead, we remain
confident in the future of Fastly. Customers are increasingly
relying on our platform to transform their businesses, and we are
delivering on two key pillars of our long-term strategy with
Secure@Edge and Compute@Edge.”
Fastly management will host a live Q&A session today at 2:00
p.m. PT / 5:00 p.m. ET to discuss financial results and
outlook.
Fastly Third Quarter 2020 Q&A Session When:
Wednesday, October 28, 2020 Time: 2:00 p.m. PT / 5:00 p.m. ET
Conference ID: 2491525 Live Call: (833) 968-2077 (US/Canada) or
(236) 714-2139 (International) Webcast:
https://investors.fastly.com
The webcast will be archived on the investor relations site
following the call.
About Fastly
Fastly helps people stay better connected with the things they
love. Fastly’s edge cloud platform enables customers to create
great digital experiences quickly, securely, and reliably by
processing, serving, and securing our customers’ applications as
close to their end-users as possible — at the edge of the internet.
Fastly’s platform is designed to take advantage of the modern
internet, to be programmable, and to support agile software
development with unmatched visibility and minimal latency,
empowering developers to innovate with both performance and
security. Fastly’s customers include many of the world’s most
prominent companies, including Vimeo, Pinterest, The New York
Times, and GitHub.
This press release contains “forward-looking” statements that
are based on our beliefs and assumptions and on information
currently available to us on the date of this press release.
Forward-looking statements may involve known and unknown risks,
uncertainties, and other factors that may cause our actual results,
performance, or achievements to be materially different from those
expressed or implied by the forward-looking statements. These
statements include, but are not limited to, statements regarding
our future financial and operating performance, including our
outlook and guidance, our ability to gain new customers and expand
engagement with existing customers, our customers’ reliance on our
platform to transform their business, and our ability to deliver on
our long-term strategy. Except as required by law, we assume no
obligation to update these forward-looking statements publicly or
to update the reasons actual results could differ materially from
those anticipated in the forward-looking statements, even if new
information becomes available in the future. Important factors that
could cause our actual results to differ materially are detailed
from time to time in the reports Fastly files with the Securities
and Exchange Commission (SEC), including in our Annual Report on
Form 10-K for the fiscal year ended December 31, 2019, and our
Quarterly Reports on Form 10-Q. Copies of reports filed with the
SEC are posted on Fastly’s website and are available from Fastly
without charge.
Source: Fastly, Inc.
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Investor Contact: ir@fastly.com Media Contact:
press@fastly.com
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