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Stock impact report

Fastly Inc. (FSLY) Climbs 8.6% Ahead of Earnings [Yahoo! Finance]

Fastly, Inc. - Class A (FSLY) 
Last fastly, inc. - class a earnings: 2/20 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Fastly snapped a three-day losing streak on Monday, surging 8.59 percent to close at $25.80 apiece, as investors repositioned portfolios ahead of the results of its first-quarter earnings performance. In a notice to investors, Fastly Inc. (NASDAQ:FSLY) said that it would release its financial and operating highlights after market close on Wednesday, May 6. A conference call will be held to elaborate on the results. Fastly Photo from Fastly website For the period, the company is targeting to grow its revenues by 16 to 20.4 percent to a range of $168 million to $174 million, versus the $144.5 million in the same period last year. It also expects to swing to a non-GAAP net income per share of $0.07 to $0.10 from a non-GAAP net loss per share of $0.05 posted in the same comparable period. Non-GAAP operating income is pegged at $14 million to $18 million, or an implied reversal of the $5.8 million non-GAAP operating loss year-on-year. In other news, Fastly Inc. (NASDAQ:FSLY) Show less Read more
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