All articles tagged with #twlo
Twilio (TWLO) reported strong Q4 earnings, with earnings per share beating estimates by 51% and sales topping expectations. However, the stock dropped 15% due to softer revenue guidance for the first quarter. Despite this, the company's long-term prospects remain favorable, with projected sales growth in FY24 and FY25. Twilio's stock currently holds a Zacks Rank #2 (Buy), but its rating will depend on future earnings estimate revisions.
Twilio (TWLO) stock fell 15.5% after reporting Q4 results and providing revenue guidance for Q1 that missed analysts' expectations, citing headwinds from the crypto industry and an expected sequential revenue decline. Despite beating revenue and EPS estimates, the company's customer growth decelerated, leading to a downgrade from Northland Capital Markets. The stock's volatility suggests a significant impact on market perception, with concerns raised about product-market fit, competitive dynamics, and pricing power. Twilio is currently trading 21.5% below its 52-week high and down 14.1% since the beginning of the year.
Twilio's stock is dropping after the company's Q4 forecast fell short of Wall Street expectations and it chose not to provide a full-year outlook for 2024, marking its first earnings report since CEO Jeff Lawson stepped down in January due to activist investor pressure. The company is undergoing an operational review of its segment business unit, aiming to mitigate churn and contraction while investing in AI-powered capabilities and an aggressive product roadmap. Analysts are closely monitoring the impact of these operational changes and the company's path to profitability amidst market concerns.