Fastly, Inc. (NYSE: FSLY), the provider of edge cloud platforms, today announced its financial results for the third quarter of 2020 in a shareholder letter in the investor relations section of its website at https://investors .fastly.com.
“Although we face specific customer challenges in this quarter, we are satisfied with the continued strength and resilience of our business, including a 42% year-on-year increase in revenue in the third quarter,” said the company’s CEO Joshua Bixby Quick. “Not only did we continue to acquire new customers, but it was the second-highest number of new customers since listing, and we also expanded our interactions with existing customers. Looking ahead, we are confident in Fastly̵
Fast management personnel will host a live Q&A session at 2:00 pm EST today / 5:00 pm EST today to discuss financial performance and prospects.
Quick Q&A session for the third quarter of 2020
Time: Wednesday, October 28, 2020
Time: US Eastern Time 2:00 pm / US Eastern Time 5:00 pm
Conference ID: 2491525
Real-time phone: (833) 968-2077 (US/Canada) or (236) 714-2139 (International)
After the conference call, the webcast will be archived on the investor relations website.
Quickly help people stay in better contact with the things they love. Fastly’s edge cloud platform enables customers to process, serve, and protect customer applications as close as possible to the end user, thereby quickly, safely and reliably creating outstanding digital experiences at the edge of the Internet. Fastly’s platform is designed to utilize the modern Internet for programming, and to support agile software development with unparalleled visibility and minimal latency, thereby enabling developers to innovate in terms of performance and security. Fastly’s clients include many of the most prominent companies in the world, 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 the 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, which 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 about our future financial and operating performance, including our prospects and guidance, our ability to acquire new customers and expand contact with existing customers, customers’ reliance on our platform to transform their business, And our ability to execute long-term strategies. Except as required by law, even if new information appears in the future, we are not obliged to publicly update these forward-looking statements or to update the reasons for actual results that may differ materially from those expected in the forward-looking statements. From time to time, we will describe in detail important factors that may cause our actual results to be materially different in the rapid submission of reports to the U.S. Securities and Exchange Commission (SEC), including our annual report on Form 10-K as of December 31, 2019 , And our quarterly report on Form 10-Q. A copy of the report submitted to the U.S. Securities and Exchange Commission (SEC) has been posted on the Fastly website and is available for free from Fastly.
Source: Fastly, Inc.
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