What Can We Expect From Fastly ($FSLY) Q3 2024 Earnings?

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Fastly's (NYSE: FSLY) third quarter financial results release is scheduled for Wednesday 6th November 2024, before the market opens. Investors and analysts will be able to assess the company's performance during the quarter.

Wall Street financial analysts are foreseeing that the firm is likely to announce an estimated per share $0.06 loss for the quarter. Furthermore, it is anticipated that the company will disclose a total revenue of $131.88 million during the quarter.

Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share loss of $0.06. This notable figure was attributed to the company's total revenue, which settled at an impressive $127.82 million during that specific quarter.

The forecasts for the company's annual performance have been disclosed by Wall Street analysts, with an estimated total revenue of $535.02 million. In addition, they anticipate the company to report loss of $0.15 per share for the fiscal year.

 

FSLY will host a conference call with investment community on 6th November 2024 at 04:30 PM eastern time to discuss the financial results.

Friday's trading saw Fastly (FSLY) shares hit a low of $7.20 and a high of $7.39, with a day volume of 2.47 million shares. The stock closed the regular trading session at $7.20, indicating 0.41 percent decrease.