Fastly, Inc. Class A Stock News

Fastly's stock dropped sharply after the company lowered guidance for the remainder of 2024. The company attributed this to macro headwinds, with some larger customers looking to cut costs in the face of weaker traffic growth. Growth amongst Fastly's smaller customers is helping to offset this somewhat but there is little for investors to get excited about at the moment.

Fastly stock tumbled on Thursday after the cloud-computing company slashed its end-of-year guidance.

Fastly, Inc. (NYSE:FSLY ) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Vernon Essi - Investor Relations Todd Nightingale - Chief Executive Officer & Director Ronald Kisling - Chief Financial Officer Conference Call Participants Jonathan Ho - William Blair Fatima Boolani - Citi Frank Louthan - Raymond James Sanjit Singh - Morgan Stanley Will Power - Baird Jeff ...

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