Fastly's Q4 Earnings: Stock Tanks 20% on Revenue Miss and Disappointing Outlook

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Source: MarketWatch
Fastly's Q4 Earnings: Stock Tanks 20% on Revenue Miss and Disappointing Outlook
Photo: MarketWatch
TL;DR Summary

Fastly Inc.'s stock plummeted over 20% after reporting a mixed fourth quarter, with revenue falling short of expectations. The cloud-computing company posted a loss of $23.4 million, or 18 cents a share, compared to a loss of $46.7 million, or 38 cents a share, in the same period last year.

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