Fastly Inc., a cloud-based edge infrastructure and content delivery network provider, reported its fourth-quarter financial results, showing a revenue increase of 2% year-over-year to $140.6 million, surpassing analyst expectations of $138.29 million. However, the company reported a loss of three cents per share before certain costs, missing Wall Street's target for break-even results. Fastly's net loss widened to $32.8 million from $23.3 million in the previous year's quarter. The company's guidance for the first quarter of 2025 projected a loss of between five and nine cents per share, well below the Street's forecast of a penny loss, and revenue expected to be between $136 million and $140 million, slightly above the $137 million analyst target. For the full year 2025, Fastly anticipates a loss of between nine and 15 cents per share, falling short of the expected profit of three cents per share, with total revenue projected at $575 million to $585 million, ahead of the $576 million consensus. Notably, Fastly's cloud infrastructure business saw a 63% growth, reaching $3.6 million in sales. Following the announcement, Fastly's stock plummeted more than 21% in extended trading.