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Dec 31, 2019
Fastly Q4 2019 Earnings Report
Reported solid results with revenue up 44% year-over-year and strong enterprise customer growth.
Key Takeaways
Fastly's Q4 2019 results showed strong top-line growth with revenue of $59 million, up 44% year-over-year. The company also saw an increase in enterprise customer count and a DBNER of 136%.
Q4 2019 revenue reached $59 million, a 44% increase year-over-year.
GAAP gross margin improved to 56.7%, up from 56.6% year-over-year.
Enterprise customer count increased to 288, up from 274 in Q3 2019.
Dollar-Based Net Expansion Rate (DBNER) increased to 136%, up from 135% in Q3 2019.
Fastly
Fastly
Forward Guidance
The 2020 outlook reflects continued investment, balanced by our ongoing commitment to margin expansion.