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Thursday, November 7, 2019

=Fastly (FSLY) reported earnings on Thur 7 Nov 19 (a/h)



Fastly beats by $0.04, beats on revs; guides Q4 EPS in-line, revs in-line; guides FY19 EPS above consensus, raises revs above consensus 

  • Reports Q3 (Sep) loss of $0.09 per share, excluding non-recurring items, $0.04 better than the S&P Capital IQ Consensus of ($0.13); revenues rose 35.3% year/year to $49.8 mln vs the $48.05 mln S&P Capital IQ Consensus.
  • Co issues in-line guidance for Q4, sees EPS of ($0.13)-($0.10), excluding non-recurring items, vs. ($0.11) S&P Capital IQ Consensus; sees Q4 revs of $52.5-56.5 bln vs. $53.03 mln S&P Capital IQ Consensus.
  • Co issues upside guidance for FY19, sees EPS of ($0.54)-($0.51), excluding non-recurring items, vs. ($0.58) S&P Capital IQ Consensus and prior guidance of ($0.59)-($0.51); sees FY19 revs of $194-198 mln vs. $192.88 mln S&P Capital IQ Consensus and prior guidance of $191-195 mln.
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