FSLY - Fastly Non-GAAP EPS of -$0.09 beats by $0.01 revenue of $117.5M beats by $1.34M
2023-05-03 16:07:24 ET
- Fastly press release ( NYSE: FSLY ): Q1 Non-GAAP EPS of -$0.09 beats by $0.01 .
- Revenue of $117.5M (+14.8% Y/Y) beats by $1.34M .
- Trailing 12-month net retention rate (LTM NRR) 1 decreased to 116% in the first quarter from 119% in the fourth quarter of 2022.
- Dollar-Based Net Expansion Rate (DBNER) 2 decreased to 121% in the first quarter from 123% in the fourth quarter of 2022.
- Our total customer count was 3,100 in the first quarter, up 38 from the fourth quarter 2022; 540 were enterprise customers 3 in the first quarter, up 7 from the fourth quarter of 2022. Please refer to footnote 3 for the updates made to our methodology.
- Our average enterprise customer spend 6 was $795 thousand in the first quarter, down 3% quarter-over-quarter. Please refer to footnote 6 for the updates made to our methodology.
- Q2 Outlook: Revenue $117 - $120M vs $118.7M consensus; Non-GAAP Net Loss per share ($0.11) - ($0.09) vs $(0.08) consensus.
- 2023 Outlook: Total Revenue $495 - $505M vs. consensus of $501.29M, Non-GAAP EPS ($0.27) - ($0.21) vs consensus of ($0.26).
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Fastly Non-GAAP EPS of -$0.09 beats by $0.01, revenue of $117.5M beats by $1.34M