Fastly Announces Fourth Quarter and Full Year 2023 Financial Results
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Fastly Inc. (FSLY) PT Raised to $24 at DA Davidson, 'We're Buyers On Weakness'
February 15, 2024 4:09 AM ESTDA Davidson analyst Rudy Kessinger raised the price target on Fastly Inc. (NYSE: FSLY) to $24.00 (from $22.00) while maintaining a Buy rating.
The analyst comments "Shares tumbled 22% AH as Q4 Rev was $2M below cons. due to weaker than expected intl. traffic & the CY24... More
Fastly (FSLY) nosedives 20% as guidance falls short of analysts' estimates
February 14, 2024 4:52 PM ESTFastly (NYSE: FSLY) shares crashed around 20% in after-hours trading Wednesday after the company issued disappointing earnings guidance for the fiscal Q1 2024.
For FQ4 2023, the cloud computing services provider posted earnings per share (EPS) of $0.01, while analysts expected loss per share of $0.03. Revenue came in at $137.77 million in the quarter, missing the... More
