FSLY - Fastly Non-GAAP EPS of -$0.08 beats by $0.05 revenue of $119.32M beats by $4.77M
- Fastly press release ( NYSE: FSLY ): Q4 Non-GAAP EPS of -$0.08 beats by $0.05 .
- Revenue of $119.32M (+22.1% Y/Y) beats by $4.77M .
- Record quarterly revenue exceeded high-end of quarterly guidance range and grew 22% year-over-year
- Record annual revenue of $432.7 million, representing 22% growth year-over-year
- GAAP gross margin grew 380 bps sequentially; non-GAAP gross margin grew 340 basis points sequentially
- Trailing 12 month net retention rate (LTM NRR) increased to 119% in the fourth quarter from 118% in the third quarter 2022.
- Total customer count was 2,958 in the fourth quarter, up 33 from the third quarter; 493 were enterprise customers 3 in the fourth quarter, up 11 from the third quarter.
- Average enterprise customer spend 7 of $782 thousand in the fourth quarter, up 3% quarter-over-quarter
- Q1 Outlook: Total Revenue $114 - $117M, Non-GAAP Operating Loss ($18.0) - ($16.0)M, Non-GAAP EPS ($0.12) - ($0.08).
- 2023 Outlook: Total Revenue $495 - $505M, Non-GAAP Operating Loss ($53.0) - ($47.0)M, Non-GAAP EPS ($0.27) - ($0.21).
- Shares +2.52% .
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Fastly Non-GAAP EPS of -$0.08 beats by $0.05, revenue of $119.32M beats by $4.77M