Fastly (FSLY) Reports Q2 Loss, Tops Revenue Estimates

Fastly (FSLY) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of$ 0.08. This compares to loss of $0.04 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 12.50%. A quarter ago, it was expected that this cloud software developer would post a loss of$ 0.07 per share when it actually produced a loss of $0.05, delivering a surprise of 28.57%. Over the last four quarters, the company ha ...