Fastly's Q4 Earnings: Stock Tanks 20% on Revenue Miss and Disappointing Outlook

1 min read
Source: MarketWatch
Fastly's Q4 Earnings: Stock Tanks 20% on Revenue Miss and Disappointing Outlook
Photo: MarketWatch
TL;DR

Fastly Inc.'s stock plummeted over 20% after reporting a mixed fourth quarter, with revenue falling short of expectations. The cloud-computing company posted a loss of $23.4 million, or 18 cents a share, compared to a loss of $46.7 million, or 38 cents a share, in the same period last year.

Share this article

Want the full story? Read the original reporting

Read on MarketWatch