Fastly Announces First Quarter 2020 Financial Results
May 06 2020 - 4:05PM
Business Wire
Fastly, Inc. (NYSE: FSLY), provider of an edge cloud platform,
posted today its financial results for the first quarter 2020 in
its shareholder letter on the Investor Relations section of its
website at https://investors.fastly.com.
“Our first-quarter results underscore the strength and value of
our modern edge platform. The momentum from 2019 continued through
the first quarter and was further bolstered in late March by
increased traffic on our platform from social distancing orders
implemented across the world,” said Joshua Bixby, CEO of Fastly.
“These unprecedented times highlight the importance of digital
transformation now more than ever, and our innovative and resilient
customer base enables us to remain confident in the demand for our
mission-critical services and the accelerated growth of our
business. As we navigate through these uncertain times, we will
continue to prioritize the health and safety of our employees,
customers, partners, and communities while providing reliable,
scalable, and secure digital experiences to our customers.”
Fastly management will host a live Q&A session today at 2:00
p.m. PT / 5:00 p.m. ET to discuss financial results and
outlook.
Fastly First Quarter 2020 Q&A Session
When: Wednesday, May 6, 2020 Time: 2:00 p.m. PT / 5:00 pm ET
Conference ID: 7459647 Live Call: (866) 211-4110 (US/Canada) or
(647) 689-6608 (International) Webcast:
https://investors.fastly.com
The webcast will be archived on the investor relations site
following the call.
About Fastly
Fastly helps people stay better connected with the things they
love. Fastly’s edge cloud platform enables customers to create
great digital experiences quickly, securely, and reliably by
processing, serving, and securing our customers’ applications as
close to their end-users as possible — at the edge of the Internet.
The platform is designed to take advantage of the modern internet,
to be programmable, and to support agile software development.
Fastly’s customers include many of the world’s most prominent
companies, including Vimeo, Pinterest, The New York Times, and
GitHub.
This press release contains “forward-looking” statements that
are based on our beliefs and assumptions and on information
currently available to us on the date of this press release.
Forward-looking statements may involve known and unknown risks,
uncertainties, and other factors that may cause our actual results,
performance, or achievements to be materially different from those
expressed or implied by the forward-looking statements. These
statements include, but are not limited to, statements regarding
our future financial and operating performance, including our
outlook and guidance, the impact of increased traffic on our
platform from social distancing orders implemented across the
world, the demand for our mission-critical services, and the
accelerated growth of our business. Except as required by law, we
assume no obligation to update these forward-looking statements
publicly or to update the reasons actual results could differ
materially from those anticipated in the forward-looking
statements, even if new information becomes available in the
future. Important factors that could cause our actual results to
differ materially are detailed from time to time in the reports
Fastly files with the Securities and Exchange Commission (SEC),
including in Fastly’s Annual Report on Form 10-K for the fiscal
year ended December 31, 2019, and our Quarterly Reports on Form
10-Q. Copies of reports filed with the SEC are posted on Fastly’s
website and are available from Fastly without charge.
Source: Fastly, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20200506005881/en/
Investor Contact: Maria Lukens ir@fastly.com
Media Contact: Elaine Greenberg press@fastly.com
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