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What’s Going On With Fastly Stock After Earnings?

Fastly reported better-than-expected quarterly results, however, the company issued forward-looking guidance below the analysts' estimates. Fastly sees second-quarter losses between 6 cents and 10 cents per share, versus the losses of 2 cents per share estimate. The company expects second-quarter revenue in a range of $130 million and $134 million, versus the $140.16 million analyst estimate.

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