Fastly, Inc. Class A Common Stock (FSLY)

Fastly, Inc. (NYSEFSLY), a leader in global edge cloud platforms, in partnership with Informa TechTarget’s Enterprise Strategy Group (ESG), released a new study today revealing significant challenges for cybersecurity professionals as they combat the rapidly evolving application security landscape. The report, “Balancing Requirements for Application Protection,” based on insights from 383 cybersecurity and IT professionals in North America, underscores the escalating difficulties in securing rapidly expanding web applications and APIs amid growing cyber threats.

Fastly, Inc. (NYSEFSLY), a leader in global edge cloud platforms, will release financial results for the fourth quarter of 2024 after market close on Wednesday, February 12, 2025. Fastly will host an investor conference call that day to discuss its results at 1:30 p.m. PT / 4:30 p.m. ET.

Fastly Inc. (NYSEFSLY), a global leader in edge cloud platforms, today announced the general availability of Fastly AI Accelerator. A semantic caching solution created to address the critical performance and cost challenges faced by developers with Large Language Model (LLM) generative AI applications, Fastly AI Accelerator delivers an average of 9x faster response times.1 Initially released in beta with support for OpenAI ChatGPT, Fastly AI Accelerator is also now available with Microsoft Azure AI Foundry.

Fastly, Inc. (NYSEFSLY), a leader in global edge cloud platforms, today announced that on December 2, 2024, it entered into separate, privately negotiated subscription agreements pursuant to which Fastly will issue (the “Issuance”) $150.0 million aggregate principal amount of its 7.75% convertible senior notes due 2028 (the “2028 Notes”). Fastly estimates that the gross proceeds from the Issuance will be $150.0 million. Fastly intends to use $150.0 million of the gross proceeds from the Issuance to repurchase approximately $157.9 million aggregate principal amount of its existing 0.00% Convertible Senior Notes due 2026 (the “Existing Convertible Notes”). Additionally, on December 2, 2024, Fastly entered into separate, privately negotiated repurchase agreements with a limited number of holders of its Existing Convertible Notes to repurchase (the “Repurchases” and together with the Issuance, the “Transactions”) approximately $157.9 million aggregate principal amount of the Existing Convertible Notes for aggregate cash consideration of $150.0 million. The Transactions are expected to settle on or about December 5, 2024, subject to customary closing conditions.

Fastly, Inc. (NYSEFSLY), a leader in global edge cloud platforms, has launched its latest annual Global Security Research Report, revealing a rise in the time it takes businesses to recover from cyber incidents. In 2024, businesses reported taking an average of 7.3 months to recover from cybersecurity breaches - 25% longer than expected and over a month past the anticipated timeline of 5.9 months.

Fastly, Inc. (NYSEFSLY), a leader in global edge cloud platforms, today announced it has been named a Leader in the IDC MarketScape: Worldwide Edge Delivery Services 2024 Vendor Assessment (doc #S51812424, November 2024). This is the second time Fastly has been named a Leader in an IDC MarketScape report1.

Fastly, Inc. (NYSEFSLY), a leader in global edge cloud platforms, today announced financial results for its third quarter ended September 30, 2024.

Fastly, Inc. (NYSEFSLY), a leader in global edge cloud platforms, today announced that management will be participating in fireside chats at the following investor conferences:

Fastly, Inc. (NYSEFSLY), a leader in global edge cloud platforms, today announced the general availability of Fastly DDoS Protection to provide automatic protection from Layer 7 and other application-level DDoS attacks. With a click of a button, organizations can enable Fastly DDoS Protection to automatically shield their applications and APIs against highly disruptive data and query floods. Fastly’s DDoS Protection leverages the powerful, proven techniques behind protecting Fastly’s global network from massive DDoS attacks to offer a tailored protection product directly to customers.

Fastly, Inc. (NYSEFSLY), a leader in global edge cloud platforms, will release financial results for the third quarter of 2024 after market close on Wednesday, November 6, 2024. Fastly will host an investor conference call that day to discuss its results at 1:30 p.m. PT / 4:30 p.m. ET.

Akamai Technologies Inc. (NASDAQAKAM) is a leading content delivery network (CDN) that also provides cloud security and edge computing solutions.

Fastly, Inc. (NYSEFSLY), a leader in global edge cloud platforms, today released the results of its new survey, “Bot Wars: How Bad Bots are Hurting Businesses,” which revealed 59% of IT professionals reported an increase in bot attacks over the past year, with significant incidents costing companies an average of $2.9 million.

Fastly, Inc. (NYSEFSLY), a leader in global edge cloud platforms, today released the “Fastly Threat Insights Report,” which found 91% of cyberattacks – up from 69% in 2023 – targeted multiple customers using mass scanning techniques to uncover and exploit software vulnerabilities, revealing an alarming trend in attacks spreading across a broader target base. This new report provides the latest attack trends and techniques across the web application and API security landscape.

Fastly, Inc. (NYSEFSLY), a leader in global edge cloud platforms, today announced financial results for its second quarter ended June 30, 2024.

Content delivery network (CDN) service provider Cloudflare, Inc. (NYSENET) reported a solid Q2 2024 earnings report, resulting in a 6% gain the following day.

The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Fastly, Inc. (“Fastly” or “the Company”) (NYSEFSLY) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Fastly, Inc. (“Fastly” or “the Company”) (NYSEFSLY) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

NEW YORK, July 21, 2024 (GLOBE NEWSWIRE) --

The Law Offices of Frank R. Cruz reminds investors of the upcoming July 23, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Fastly, Inc. (“Fastly” or the “Company”) (NYSEFSLY) securities between February 15, 2024 and May 1, 2024, inclusive (the “Class Period”).

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Fastly, Inc. (“Fastly” or “the Company”) (NYSEFSLY) for violations of the securities laws.

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Fastly To Contact Him Directly To Discuss Their Options

NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Direct Digital Holdings, Inc. (NASDAQDRCT), Cambium Networks Corporation NASDAQ: CMBMNASDAQCMBM)(NYSE: FSLYNYSEFSLY, and Charge Enterprises (NASDAQ: CRGEQNASDAQ). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.

LOS ANGELES, July 16, 2024 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Fastly, Inc. (“Fastly” or “the Company”) (NYSEFSLY) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

NEW YORK, July 15, 2024 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP:

NEW YORK, July 13, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Enphase Energy, Inc. (NASDAQENPH), Cambium Networks Corporation NASDAQ: CMBMNASDAQCMBM)(NYSE: FSLYNYSEFSLY, and Charge Enterprises (NASDAQ: CRGEQNASDAQ). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.