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Benzinga

Business

Adam Eckert

Why Twilio Shares Are Rising Today

Twilio NYSE Twilio Inc TWLO

Twilio Inc (NYSE:TWLO) is trading higher Thursday after the company announced better-than-expected fourth-quarter financial results and issued guidance above estimates.

Twilio said quarterly revenue increased 54% year-over-year to $842.74 million, which beat the estimate of $767.84 million. The company reported an earnings loss of 20 cents per share, which beat the estimate for a loss of 21 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

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