fastly inc shares plunged between 20 and 25 in afterhours trading wednesday after the cloudsoftware company predicted 2022 revenue growth would slow down more than analysts expected fastly fsly  a software program that helps post content online reported a fourthquarter loss 575 million or 49 cents a share on sales of 977 million up from 826 million a year ago after adjusting for stock compensation and other costs the company reported a loss of 10 cents a share a worse performance than the loss of 9 cents a share in the holiday quarter last year analysts on average expected an adjusted loss of 16 cents a share on sales of 925 million after executives forecast a loss of 16 cents to 19 cents a share on sales of 90 million to 93 million shares still plummeted to less than 23 in afterhours trading after closing at 2893 however as the company predicted growth would slow down in 2022 fastly predicted fullyear adjusted losses of 50 cents to 60 cents a share in 2022 along with revenue of 400 million to 410 million analysts on average were predicting adjusted losses of 49 cents a share on sales of 4172 million according to factset at the midpoint of the 2022 guidance range fastly sales would grow 143 after growing 218 in 2021 to 3543 million fastly stock has made a habit of huge declines after earnings the stock declined after quarterly earnings for five straight quarters with four of those declines by doubledigit percentages until it broke that streak with last quarter’s report rising 2 the next day fastly shares are higher than the 16 price commanded in the company’s 2019 initial public offering but well off the heights that followed its public debut the stock is down more than 70 in the past year before any postearnings decline is factored in while the sp 500 spx is up 137 in the past 12 months