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Benzinga

Business

Wayne Duggan

'Still A Second-Half Story': Twilio Analysts React To Mixed Q1 Earnings

Twilio TWLO NYSE Twilio Inc Brent Bracelin Meta Marshall Michael Turrin Patrick Walravens Rishi Jaluria Ryan Koontz

Twilio Inc (NYSE:TWLO) shares dropped 2.7% on Thursday after the company reported conservative second-quarter guidance.

On Wednesday, Twilio reported an adjusted first-quarter EPS loss of $1.23, missing consensus analyst estimates of a 21-cent loss. Revenue for the quarter was $875.4 million, beating analyst expectations of $864 million. Revenue was up 48% from a year ago.

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