Fastly Q4 Revenue Climbs 22.8% to $172.6M with $0.12 EPS Beat
Fastly delivered Q4 revenue of $172.6M, up 22.8% year-over-year and 6.9% above estimates, with EPS of $0.12 versus –$0.03 last year, a 111.6% surprise. Network Services revenue reached $130.8M vs. $120.8M forecast, Security sales hit $35.4M, and enterprise customer count totaled 628 against a 648 consensus.
1. Q4 Financial Results
Fastly reported Q4 revenue of $172.6 million, a 22.8% increase from the prior year, surpassing the $161.4 million consensus by 6.9%. The company achieved EPS of $0.12 compared to a loss of $0.03 in the year-ago quarter, representing a 111.6% upside to estimates.
2. Segment Highlights
Network Services revenue climbed to $130.8 million versus the $120.8 million expected, while Security revenue reached $35.4 million against a $34.9 million forecast. Revenue from Other products rose to $6.4 million, outperforming the $5.6 million consensus.
3. Customer Metrics
Enterprise customer count stood at 628, below the 648 analyst estimate, signaling a slowdown in new customer additions. This shortfall may prompt investors to scrutinize the company’s sales and retention strategies moving forward.