FSLY Investor Alert: Securities Fraud Class Action Lawsuit Was Filed Against Fastly, Inc. Investors – Contact Kessler Topaz Meltzer & Check, LLP
DEFENDANTS' ALLEGED MISCONDUCT On February 14, 2024, Fastly issued a press release providing full year ("FY") 2024 revenue guidance in a range of 590 million. In that same press release, Fastly's CEO was quoted stating, "[t]his quarter demonstrated the progress we've made in operational and financial rigor resulting in strong gross margins and non-GAAP net income," and "[o]ur go-to-market, packaging and channel efforts through 2023 delivered an inflection in our customer acquisition as we c ...