Why Twilio Shares Sank Today
Shares of (NYSE: TWLO) fell 18.9% on Friday, as of 3:47 p.m. ET.
Twilio reported earnings last night, and while results beat analyst expectations on all counts, it seems the company's guidance disappointed -- enough to cause today's severe sell-off.
In the second quarter, Twilio grew revenue 13% to $1.23 billion, with adjusted (non-GAAP) earnings per share of $1.19. Both figures handily beat analyst expectations. Underlying metrics were also strong, with the total customer count up 10% year over year and the dollar-based net expansion rate -- how much money existing customers grew their spending relative to last year, net of churn -- came in at 108%, an acceleration over the 102% rate in the year-ago quarter.
Source Fool.com
Twilio Inc Aktie
208,70 €
25,19 %
Hohe Buy- und niedrige Sell-Zahlen bei Twilio Inc zeigen ein stark positives Sentiment.
Ein Kursziel von 212 € für Twilio Inc zeigt ein leicht positives Potenzial im Vergleich zum aktuellen Kurs von 208.7 €.
