FSLY - Fastly Inc. (FSLY) Morgan Stanley Technology Media & Telecom Conference (Transcript)

2024-03-06 17:16:22 ET

Fastly, Inc. (FSLY)

Morgan Stanley Technology, Media & Telecom Conference Call

March 06, 2024, 12:30 PM ET

Company Participants

Todd Nightingale - Chief Executive Officer

Ron Kisling - Chief Financial Officer

Conference Call Participants

Sanjit Singh - Morgan Stanely

Presentation

Sanjit Singh

All right. I'm Sanjit Singh. I'm the Infrastructure Software analyst on the Morgan Stanley Software Research team. We are super thrilled to have the management team from Fastly, Todd Nightingale, CEO; and Chief Financial Officer, Ron Kisling. Todd and Ron, thank you for joining us for the conference once again this year.

Todd Nightingale

Thanks so much.

Ron Kisling

Thank you.

Sanjit Singh

Just to go over disclosures. I don't have my little readout, but if you want to see important disclosures, go to www.morganstanley.com/researchdisclosures, or ask your Morgan Stanley representative.

Question-and-Answer Session

Q - Sanjit Singh

With that, let's kick off the conversation, Todd. You guys have been having a decent year. You just reported your Q4 results, which were generally solid, but a little light on revenues and the outlook was a little bit light. The stock reaction has been quite severe. It's been almost down 40%. From your perspective, Todd, what do you think is going on with -- in terms of the market reaction to the recent results?...

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