Business
Fastly Announces Second Quarter 2020 Financial Results
SAN FRANCISCO--(BUSINESS WIRE)-- Fastly, Inc. (NYSE: FSLY), provider of an edge cloud platform, today posted its financial results for the second quarter
About this update from Fastly, Inc.
[{"type":"text","content":" SAN FRANCISCO--(BUSINESS WIRE)--\nFastly, Inc. (NYSE: FSLY), provider of an edge cloud platform, today posted its financial results for the second quarter 2020 in its shareholder letter on the Investor Relations section of its website at https://investors.fastly.com.\n\n\n“As the global pandemic continues to accelerate the need for businesses to focus on digital transformation, the demand for a modern, fast, and secure edge platform like ours continues to increase,” said Joshua Bixby, CEO of Fastly. “The value of our platform to our customers continues to show in our results. Fastly delivered another quarter of solid execution. We achieved strong top-line revenue growth, won new customers, expanded enterprise spend, delivered operating leverage, and bolstered our balance sheet. Despite the current economic uncertainty, we remain optimistic about the demand for our mission-critical services and the underlying growth of our business for the remainder of 2020 and years to come.”\n\n\nFastly 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.\n\n\nFastly Second Quarter 2020 Q&A Session\nWhen: Wednesday, August 5, 2020\nTime: 2:00 p.m. PT / 5:00 p.m. ET\nConference ID: 4799269\nLive Call: (833) 968-2077 (US/Canada) or (236) 714-2139 (International)\nWebcast: https://investors.fastly.com\n\n\nThe webcast will be archived on the investor relations site following the call.\n\n\nAbout Fastly\n\n\nFastly 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.\n\n\nThis 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 actu...