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Benzinga

Business

Adam Eckert

What's Going On With Twilio Stock Today?

Twilio NYSE Twilio Inc

Twilio Inc (NYSE:TWLO) shares were volatile in Wednesday's after-hours session after the company reported better-than-expected financial results but issued an earnings outlook below estimates. The stock ultimately traded higher, but it's pulling back Thursday morning after analysts lowered price targets.

Twilio said first-quarter revenue increased 48% year-over-year to $875.4 million, which beat the $863.59 million estimate, according to data from Benzinga Pro. The company reported flat adjusted earnings, which beat the estimate for a loss of 22 cents per share.

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

FL Declares Emergency in 25 Counties as Gulf Depression Could Become Season's First Hurricane, Residents Warned

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