Customer BaseThe top 10 customers accounted for 34% of total revenue in Q2 vs. 38% in Q1 and 40% in Q4'23, reflecting lower traffic from some of its largest customers.
Financial GuidanceFSLY reported slightly better Q2 results, though it lowered full-year guidance for the second consecutive quarter, with Q3 guidance also below prior estimates, sinking shares after hours.
Financial PerformanceFastly incurred a free cash flow loss of $7.1 million and now expects a full-year FCF loss of $30-40 million.