Categories AlphaGraphs, Earnings, Technology
Earnings: Highlights of Fastly’s (FSLY) Q4 2022 financial results
Cloud company Fastly (NYSE: FSLY) has reported a narrower net loss for the fourth quarter of 2022, aided by an increase in revenues.
Fourth-quarter revenues increased 22% from last year to $119.3 million. As a result, the adjusted net loss narrowed to $0.08 per share in the December quarter from $0.10 per share in the same period of 2021. The unadjusted loss was $46.7 million or $0.38 per share, compared to a loss of $57.5 million or $0.49 per share a year earlier.
“We are excited to close out 2022 with another record quarter, exceeding the top end of our guidance range while demonstrating a significant improvement to gross margin,” said Todd Nightingale, CEO of Fastly.
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Key metrics from Kroger’s (KR) Q3 2025 earnings results
The Kroger Co. (NYSE: KR) reported its third quarter 2025 earnings results today. Total company sales rose to $33.9 billion from $33.6 billion in the same period last year. Identical
Dollar General (DG) Q3 2025 Earnings: Key financials and quarterly highlights
Dollar General Corporation (NYSE: DG) reported its third quarter 2025 earnings results today. Net sales increased 4.6% year-over-year to $10.65 billion. Same-store sales increased 2.5%. Net income was $282.7 million, or
HRL Earnings: All you need to know about Hormel Foods’ Q4 2025 earnings results
Hormel Foods Corporation (NYSE: HRL) reported its fourth quarter 2025 earnings results today. Net sales increased 1.5% year-over-year to $3.18 billion. Organic sales were up 2%. Net loss attributable to Hormel
