Fastly’s stock is up 10% on better-than-expected earnings, revenue

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Jon Swartz is a senior reporter for MarketWatch in San Francisco, covering many of the biggest players in tech, including Netflix, Facebook and Google. Jon has covered technology for more than 20 years, and previously worked for Barron's and USA Today. Follow him on Twitter @jswartz.

Shares of Fastly Inc.

were popping 10% in after-hours trading Wednesday after the cloud-computing company reported quarterly results that edged analyst forecasts. Fastly posted a fiscal third-quarter net loss of $54.3 million, or 42 cents a share, compared with a net loss of $63.4 million, or 52 cents a share, in the year-ago quarter. Adjusted earnings were a loss of 6 cents a share. Revenue improved to $127.8 million, compared with $108.5 million a year ago.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 3. in PT

Portugal Últimas Notícias, Portugal Manchetes