Why Twilio, Inc. Stock Rose 14% Today
Shares of cloud-based communications expert Twilio (NYSE: TWLO) rose as much as 13.8% on Tuesday morning, driven by a strong second-quarter earnings report and equally solid next-period guidance.
Twilio reported an adjusted net loss of $0.05 per share and top-line sales of $95.9 million. Analysts would have settled for a $0.11 loss per share on revenue near $84 million. Looking ahead, the maker of cloud-computing software tools for corporate clients set third-quarter targets ahead of the current Street view and increased its full-year guidance projections across the board.
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Source: Fool.com
Twilio Inc Stock
€205.90
-3.600%
With 50 Buy predictions and 1 Sell predictions Twilio Inc is one of the favorites of our community.
With a target price of 212 € there is a slightly positive potential of 2.96% for Twilio Inc compared to the current price of 205.9 €.
