Fastly Q2 2024 Adj. EPS $(0.07) Beats $(0.08) Estimate, Sales $132.371M Beat $131.574M Estimate
Portfolio Pulse from Benzinga Newsdesk
Fastly (NYSE:FSLY) reported Q2 2024 adjusted EPS of $(0.07), beating the $(0.08) estimate. Sales were $132.371M, surpassing the $131.574M estimate and showing a 7.77% increase from last year.
August 07, 2024 | 8:34 pm
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Fastly reported better-than-expected Q2 2024 results with an adjusted EPS of $(0.07) beating the $(0.08) estimate and sales of $132.371M surpassing the $131.574M estimate. This indicates positive performance and growth.
Fastly's better-than-expected earnings and sales figures indicate strong performance and growth, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100