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Fastly, Inc.
8/3/2022
Ladies and gentlemen, thank you for standing by. At this time, I would like to welcome everyone to the Fastly second quarter 2022 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, please press star followed by the number one on your telephone keypad. If you would like to withdraw your question, again, press star one. Thank you. I would now like to turn the conference over to Vern Essie, investor relations at Fastly. Please go ahead.
Thank you and welcome everyone to our second quarter 2022 earnings conference call. We have Fastly's lead independent director, David Hornick, our CEO, Joshua Bixby, and our CFO, Ron Kisling, with us today. Webcast of this call can be accessed through our website, Fastly.com, and will be archived for one year. Also, a replay will be available by dialing 800-770-2030 and referencing conference ID number 754-3239 shortly after the conclusion of today's call. A copy of today's earnings press release, related financial tables, and investor supplements, all of which are furnished in our 8K filing today, can be found in the investor relations portion of Fastly's website. During this call, we will make four looking statements. including statements related to the expected performance of our business, future financial results, strategy, long-term growth, and overall future prospects. These statements are subject to known and unknown risks, uncertainties, and assumptions that could cause actual results to differ materially from those projected or implied during the call. For further information regarding risk factors for our business, please refer to our most recent quarterly report, 10Q, filed with the SEC in our second quarter 2022 earnings release and supplement for discussion of the factors that could cause our results to differ. Please refer in particular to the sections entitled risk factors. We encourage you to read these documents. Also note that the forward-looking statements on this call are based on information available to us as of today's date. We undertake no obligation to update any forward-looking statements except as required by law. Also during this call, we will discuss certain non-GAAP financial measures. Unless otherwise noted, all numbers we discuss today, other than revenue, will be on an adjusted non-GAAP basis. Reconciliation is the most directly comparable GAAP financial measures are provided in the earnings release and supplement on our investor relations website. These non-GAAP measures are not intended to be a substitute for our GAAP results. Before we begin our prepared comments, please note that we will be attending two conferences in the third quarter, the KeyBank Technology Leadership Forum in Colorado on August 9th, in Citi's 2022 Global Technology Conference in New York on September 7th. With that, I will turn the call over to David for his comments regarding today's announcement of our new CEO, Todd Nightingale. David?
Thanks, Vern. Hi, everyone, and thank you for joining us today. As you may have seen from the press release we issued this afternoon, I'm thrilled to share that after a broad and extensive search to identify the company's next leader, Todd Nightingale has been appointed our next Chief Executive Officer of Fastly. Fastly's large enterprise customer base, robust product roadmap, and unrivaled customer satisfaction gives us confidence about Fastly's future and the significant opportunities ahead. As we search for the company's next leader, the board was committed to finding a candidate that could help build upon Fastly's strong foundation and lead it into the next stage of growth. The board is confident that Todd's customer-oriented leadership style and extensive background helping customers transform their infrastructure and digitize their businesses will greatly benefit Fastly and position the company for future success. Hailing from Cisco, where he currently serves as Executive Vice President and General Manager of Enterprise Networking and Cloud, Todd is a proven and passionate technology leader. Todd understands that now more than ever, enterprises need innovative solutions that enable them to deliver globally performing, secure, and reliable applications to their customers. He will officially join us as CEO on September 1st, and Joshua will remain with the company for a period of time to ensure a smooth and successful transition. Please note that at this time, we won't be addressing any questions regarding Todd's appointment during today's Q&A. but we'll plan to share more information after it started with that. I'll turn the call over to Joshua.
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