Fastly (FSLY) Reports Q2 Loss, Beats Revenue Estimates

Fastly (FSLY) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to a loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +40.00%. A quarter ago, it was expected that this cloud software developer would post a loss of $0.06 per share when it actually produced a loss of $0.05, delivering a surprise of +16.67%. Over the last four quarters, the compan ...