Fastly (FSLY) Q3 Earnings and Revenues Surpass Estimates
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Fastly (FSLY) reported Q3 earnings of $0.02 per share, surpassing the Zacks Consensus Estimate of a loss of $0.06 per share, and improving from a loss of $0.06 per share a year ago.
November 07, 2024 | 12:00 am
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Fastly's Q3 earnings of $0.02 per share exceeded expectations, marking a significant improvement from the previous year's loss, which is likely to positively impact the stock price.
Fastly's better-than-expected earnings indicate strong financial performance, which typically leads to a positive reaction in the stock market. The improvement from a loss to a profit is a significant factor for investors.
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IMPORTANCE 90
RELEVANCE 100