Key takeaways
- Fastly beat estimates, raised guidance and still watched investors dump the stock for the third straight earnings report.
- Fastly stock is down 41% over the past month to $15.32 in afternoon trading.
- Fastly then released Q3 results after the close on November 4, posting adjusted earnings per share (EPS) of $0.17 against a $0.12 consensus estimate.
A strong earnings report wasn't enough to stop the selling in Fastly (NASDAQ:FSLY), the edge cloud company whose big rally this year has reversed quickly. Fastly stock is down 41% over the past month to $15.32 in afternoon trading.
See the latest quote, chart and news for FSLY.
